Quote:
Originally Posted by ASAP
Kind of a loaded question but-
What kind of closing costs would folks expect on a $200k loan?
Does $9.5K sound about right?
$1100 Origination Fee
$400 rate buy down
$3500 of taxes
Rest is title work, title insurance and home insurance / tax prepaids.
Does that sound about right?
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Seems high. My closing costs for a good bit higher value construction loan were close to that amount. I closed a little over a month ago.