Closing Costs for Your Loan

Closing costs are typically a function of the size of the loan. The higher the amount of the loan the lower the percentage will be because many of the costs are fixed regardless of loan size, ie. appraisal cost for a property is usually the same until you get above $500,000.00. A lender will give you a Good Faith Estimate (GFE) and this will give you a good idea of the costs associated with the loan.
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