Saturday, October 31, 2009

What should I expect "fees" to be on a $290,000 mortgage loan?

it appears to total 6 - 7000 so far.



What should I expect %26quot;fees%26quot; to be on a $290,000 mortgage loan?

That is about right, but look for a little more than 10K. It varys from state to state, and from bank to bank. Don't be afraid to ask your lender. Infact, when you get prequalified they should give you an estimate on your closing costs including home inspections and other misc things.



What should I expect %26quot;fees%26quot; to be on a $290,000 mortgage loan?

You did not mention if this is a refi or purchase nor where your located so it is hard to give you a great answer...



Average on a refi for closing costs in a non-attorney state +/- $2500-$4000



On a purchase look somewhere in the $6000-$10000 range.



Good luck!

No comments:

Post a Comment