how much are the closing costs?

The costs vary, and it depends on which type of loan product you're using (FHA, VA, USDA, Conventional, Reverse, etc...) But with any loan, some costs are fixed, meaning it doesn't matter if you buy a $30K home or a $300K home, the fee is the same.. And other costs are variable, and they are based on the loan amount or the sale price.. There's just too much info missing to properly answer your question.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

"How much are closing costs?" "How much does that car cost?" The answer to both of these is the same... "It depends!" To find out what your options are, you must talk to a licensed originator, apply for a loan so that they can determine your credit worthiness, loan amount, loan type, etc. Then and only then will they be able to tell you what the closing costs for that particular scenario are. Doing it any other way is just a shot in the dark. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

HI, NEED MORE INFO WHAT IS LOAN AMOUNT, RATE, REFI OR PURCHASE AND LOAN TO VALUE, CREDIT SCORE ALL THAT COMES INTO PLAY WHEN PRICING A LOAN. THERE USED TO BE A 2-4% RULES OUT THERE, BUT I USUALLY COME IN LESS THAN 2% ON AVERAGE LOAN SIZE OF 250K. ALL THE VARIABLES ABOVE DO COME INTO PLAY IF YOU WOULD LIKE A MORE ACCURATE ANSWER AS I LIKE GETTING COSTS DOWN TO THE PENNY!!! FEEL FREE TO CALL ME ANYTIME...RALPH GUERTIN 954-274-7725 RALPH@ABSOLUTELOWRATES.COM

They can be any amount from $0 to thousands. Bottom line is an Appraiser needs to get paid. Title company or attorney needs to get paid, the loan officer needs to make some money etc. The question is how are they going to be paid? You can add them onto the loan, pay them yourself, or raise the rate and have them paid from the lender. Each scenario is different so get with a Lender411 loan officer to talk them about your specific scenario.

There is 2 ways to look at this - how much are the total closing cost or how much are the closing cost that the buyer will have to pay. They are not the same. Should you want more information on exactly what I mean - please reach out to me. WWW.HOMEMORTGAGEXPERT.COM thank you Peter Savino

There are many different answers to this question that depend on many factors. This is going to be dependent on the loan program that you are going with, your financial profile (credit score, etc.), whether you are purchasing or refinancing a home, the lender you go with and more! Do you have more specifics you can add to your question?

The closing costs listed below represent our best estimate for a typical mortgage application. We try to be as up-front as possible. Upon submission of your loan application you will receive a detailed Good Faith Estimate of Closing Cost with accordance to your specific loan scenario. In some cases, it is better to avoid having to pay closing costs if you don't plan on being in the home for very long! If you go an eighth above your rate where you are seeing close to the average closing costs described below, you can sometimes receive a credit back to cover most or even all of your closing costs, excluding fees that are paid outside of closing such as the Appraisal Fee.Appraisal Fee - $375-450Credit Report Fee - $17.00Lender's Underwriting or Administration Fee- $649-$875Lender's Wire Transfer Fee - $32.00Closing or Escrow Fee - $50.00Document Preparation Fee- $50.00Notary Fee & Signing Fee - $175.00Lender's Title Insurance Policy - Based on Loan Amount (Purchase and Refinance)Owner's Title Insurance Policy - Based on Sales Price (Purchase Only)Miscellaneous Fees - $50.00Recording Fee - $85.00Courier Fee - $20.00Prepaid Interest- Based on day of closingMortgage Insurance - Based on Loan Amount and Loan to Value RatioHazard Insurance Premium- Contact your Insurance Agent for a quoteHazard Insurance Reserves - Based on closing month and premiumMortgage Insurance Reserves - Based on closing month and premiumTaxes and Assessment Reserves - Based on closing month and tax assessmentAs straight forward as I can be. Usually if you are going to be staying in your home a while, it's probably worth the return on investment to go for the lower rate with costs, but there are always zero-cost refinances as well. Feel free to contact me if you ever have any other questions! (714) 349-6798

Closing costs vary, and will be different for every lender you talk to. However, if you are purchasing this is a very common area of negotiation. If you try to get the seller to pay the max amount that is allowed toward you closing costs, the worst they can say is no. The max allowed seller paid closing costs are 3% of the purchase price for a conventional loan, 4% of the purchase price for VA as well as any non-allowables, and 6% of the purchase price for an FHA loan. If the amount they are paying exceeds what the actual closing costs are, you will not be able to receive money back at closing.

It depends on a variety of factors like you loan amount, your previous loan amount etc. Without the details of you loan scenario it is impossible to answer this question.

All loans have closing costs. How you pay for them varies on your individual situation. I could easily quote you a no closing cost loan (higher interest rate), or a super low interest rate (with higher closing costs). Go sit down with a local mortgage broker. Give them an application, and let them discuss all your personal options with you. www.WI-MortgageBroker.com