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3. How much are closing costs?
Answer - Closing costs vary from loan to loan and vary widely in amount. Typical conforming loans for good
credit buyers will see closing costs in the range of 3 to 3.5% of the new loan amount. Depending on the loan program, these costs can be
buyer paid or financed. On occasion, a seller may participate in paying some or all of a buyers closing costs.
Back to the Closing FAQ's
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