What are the various closing costs involved to finance my home?

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What are the various closing costs involved to finance my home?

Closing costs for mortgages vary and include, but are not limited to: points, taxes, settlement fees, appraisal fees, title fees and escrow, and various kinds of applicable insurance including flood or hazard insurance.  These fees can vary according to the location and loan amount of the mortgage.  The payment of these fees are incurred by the buyer/borrower and the seller in a real estate of mortgage transaction.

For more information on MECU's mortgages select the Mortgages link below or please feel free to Contact Us for more information.

 

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KBID: 5Date Modified: 6/13/2011Date Created: 3/7/2009

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