Closing Costs on House Purchase
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Closing Costs on House Purchase and Refinance Transactions

ByGustan Cho
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In this article, we will cover and discuss the closing costs on house purchase and refinance transactions. Home buyers need to worry about the down payment and closing costs on house purchase when it comes to a home purchase. The down payment is normally 3.5% for FHA-insured mortgage loans. Down Payment Versus Closing Costs on…

How Much Are Closing Costs

How Much Are Closing Costs For Homebuyers

ByDale Elenteny
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Apply Now The down payment on a home purchase is a fixed percentage but not closing costs. There are two types of payments that are required to close on a home purchase.  The first is the down payment and the second is closing costs.  The down payment is self-explanatory. The down payment required for a…