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how much are closing fees

by asdasd asdasd from Natick, Massachusetts. Sep 30th 2014 Reply


William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,933 contributions

It's impossible for anyone here to say for sure since we would need to know a lot of details.. understand that some costs are fixed, meaning if you purchase a $50K home or a $250K home, the cost is the same.. other fees are variable, meaning they are based on a percentage of the sale price or loan amount.. if you want to know for sure, then contact a local mortgage broker and let him put together a written quote based on what you qualify for.. 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

Sep 30th 2014
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Robert Oliveira (roberto)
#13 ranked lender in Massachusetts - 89 contributions

Hello it is impossible to be exact but I can give you a pretty accurate quote. I assume you are purchasing in Mass. So say home loan is $300,000 for a loan on a 30 year fix the closing costs which are all bank,lender fees and attorney fees with Optional Owners Title Insurance will run about $4,750. Then you will also have the escrows for taxes and insurance which will be normally 3-4 months of taxes and 3 months of insurance plus the first full year of insurance paid upfront. You may also have the final water and or gas readings to pay for so assume an extra $200 or so. This will be pretty accurate 99% accurate. Some will low ball it to entice your business. I am in Mass and can help you. Call me 508 802 0935 or email me robertoliveira51@gmail.com. Thank you Robert Oliveira Province Mortgage

Sep 30th 2014
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,524 contributions

All mortgage loans have closing costs. All lenders have essentially the exact same closing costs, and all lenders have the exact same third party pass-thought fees (appraisal, credit report, state taxes, etc). Many of the costs vary based on loan amount, while some remain the same regardless of the loan amount. A $50,000 home is going to have less overall costs than a $300,000 home. Then, you can increase the costs by selecting a lower interest rate, and you can reduce the costs by selecting a higher rate. Contact a mortgage broker in your area for more details and assistance. In WI, MN, and SD, visit www.WI-MortgageBroker.com

Oct 1st 2014
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