Quote:
Originally Posted by Terriy
Looking at a list of estimated closing costs on a new patio villa in Hawkins. One of the fees is Owners Title (Optional). Can someone explain the need for this on a new never occupied home? Looking at $7,178 in total closing costs and that doesn't include prepaids and reserves. I'm not locked into this lender yet and am definitely shopping around. Thanks for your help!
|
Over $7,000! Wow!
There are places that will give a mortgage with no closing costs. You only have the prepaids and reserves to cover. Rate may not be the lowest, you have to compare that with the savings on closing costs and consider how long you will be in the house. (Average Villager moves 3 times.)
One place with no closing costs is Vystar Credit Union on 466A.