What are closing costs, and how much should I expect to pay?
At LENDERLINE, transparency matters. Every borrower deserves to know exactly what they’re paying for at closing.
Average Range: 2%–5% of the home price, though we regularly help clients trim that lower through credits and lender rebates.
Where the Money Goes
- Lender charges: Origination, underwriting, and document prep.
- Third-party services: Appraisal, credit report, and flood certification.
- Title & escrow: Settlement coordination, insurance against ownership disputes.
- Prepaids: Initial deposits for taxes and homeowners insurance.
LENDERLINE Advantage:
We review every Loan Estimate line by line, flagging optional or duplicate fees. Our lending network also offers lender-paid closing cost programs for qualifying borrowers—especially valuable for first-time buyers.
Even if you have been turned down by another lender, LENDERLINE has a loan program for you.
Call LENDERLINE at 1-888-661-7888 or complete this form to schedule a FREE mortgage consultation.