How much are closing costs? What is included in closing costs?
Closing costs can vary because each borrower’s situation is different (i.e. purchases or refinances). The range is typically $1000-1500. You will receive a Good Faith Estimate itemizing the costs associated with your loan after you apply. The following are most of the items included in your closing costs: Appraisal, Title Commitment and Policy, Underwriting, Processing, Recording Fees, Tax Servicing and Assessment, Flood Certification, and Settlement.
