What kind of fees are involved for the buyer when closing a USDA loan?

standard closing costs just like any other mortgage, title, appraisal, etc... USDA has a upfront fee like FHA does and its included into the financing you don't have to come up with it out of pocket..... You can get the contract on a purchase set up so the costs are paid for by the seller as well........Ive been lending since 1998 and am licensed in all 50 states........call me at 816-412-3568 and we can discuss your situation with no obligation. thansk John Schweer

That question is impossible to answer without knowing all the details.. typically, costs and fees are different depending on which part of the country your purchasing in.. Some of the cost and fees are fixed.. meaning, no matter how much the property is worth or the loan amount, the cost is the same.. other fees are variable, meaning it's based on a percentage of the sale price, appraisal amount or loan amount.. certain area's have added fees over and above others. and some properties have HOA's and some don't. Assessments, shared utilities, per capita fees, title and insurance fees.. I think by now you understand.. it's impossible to say without knowing the complete details of your loan. So if you would like to know exactly what it's going to cost you, then you need to pick up the phone and contact a local mortgage broker and give him the necessary info to properly put together a quote for you.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com