Is there anyway you could have the seller cover any of it?! Closing on my first deal right now too and the seller agreed to cover a bit of it
Only fee can negotiate with the lender is their application fee, or ask for a credit to offset some of the closing costs. But, if you get a credit, it will just show up in your interest rate.
Total closing costs are usually around 4% to 5% depending on the prepaid items like 6 months in property taxes. High tax states will have higher closing costs.
Yes you can but usually you do that with the initial purchase agreement. In most cases I ask the seller to cover 3% of the purchase price in closing costs and negotiate from there if they won't.
always hard to ask for that after the contract is signed.
@Christopher Phillips completely agree. If you find something reasonable in the inspection it warrants asking but I always believe in asking for what you want for up front.
Given the loan estimate, I suspect the OP is past the inspection stage.
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