What are the typical closing costs?
Closing costs typically include your down payment and a variety of fees, including an application fee, attorney fee, and origination fee. Those charges vary from provider to provider and can depend on how your loan is set up.
How do I need to pay my closing costs?
Closing costs typically need to be paid either by wire transfer or certified check. Make sure you know the exact amount before setting up your payment.
What happens if my closing is delayed?
Don’t panic. Whether it’s a paperwork challenge or other issue, sometimes closing dates do have to change. It doesn’t mean that you won’t be able to buy your home. Stay diligent on items that you need to take care of to increase the chances you’ll be able to close and move into your new home on the schedule you were anticipating.