My husband and I are hoping to do a 5% conventional loan on a home for about $215,000. We have the 5% saved up, but want to have the closing costs saved up also before we visit our lender again. We were wondering what an approximation would be. We have excellent credit if that is applicable.
Also, can any part of the closing costs be financed into the loan? What percent of closing costs is the seller allowed to pay if they are willing?
Any help will be appreciated.
Read more: Approximately what would be my closing cost amount?
