What are some fees that could be levied at closing?
There are several things you could be charged for when youre closing your loan. Among the most common are lending fees charged by the lender, the cost of a title search to ensure that the deed to the property is free and clear of liens, and an appraisal to determine market value of the property. You may also be asked to pay for a home inspection and a survey, depending on the location of the property and the type of loan. Some lenders are willing to finance some or all of these costs, but remember that youre going to pay interest on anything you finance.
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