Average Mortgage Closing Costs
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In addition to the down payment, you will be responsible for paying certain average mortgage closing costs in order to complete the mortgage transaction. Average mortgage closing costs range from 3% to 6% of a home’s purchase price.
Average mortgage closing costs may include:
- Agent Commissions
- Appraisal Fee
- Credit Report Fee
- Flood Certificate Fee
- Origination Fee
- Points
- Prepaid Homeowner’s Insurance Premiums
- Private Mortgage Insurance Premiums
- Processing Fee
- Recording Fee
- Tax Adjustments
- Tax Service Fee
- Title Search and Insurance
- Underwriting Fee
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Metrocities Mortgage, LLC is a Delaware Limited Liability company licensed by the Massachusetts Mortgage Lender License #MC4732. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.