Closing costs are going to vary, mainly based on the interest rate. The higher the rate, the lower the closing costs and vice versa. Lender underwriting fees will vary from lender to lender. Really the only set fee would be the Title Insurance, as it is regulated by the State of Ohio. So, basically, there is no way to answer your question. I've done USDA loans in Ohio with closing costs of ZERO, and I've done USDA loans in Ohio with closing costs of $6,000 or higher.
I can do loans in Ohio for you. Right now I can offer 3.75% with about $2000 in Closing costs. and 4%- 4.25% wtih $0 closing costs depending on the loan amt.Please contact me at www.FindOhioLoan.com. thank youJennifer513-602-5498
Closing costs on all loans, including USDA loans, are the same as every other loan. How you PAY those closing costs is up to you. You can get a better rate by paying discount points, or you can get lower closing costs by taking a higher interest rate. You can also roll them into the loan with "seller paid closing costs". The seller really isn't paying anything, it is just a bad term that means it will be rolled into the loan itself. We provided USDA Rural Developments loans in WI, MN, and SD. www.MortgagesUnlimited.biz/usda
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