How Much Are Mortgage Closing Costs? | The Complete Guide

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— GET STARTED — 🏠 Connect with a helpful LENDER in your state → https://www.winthehouseyoulove.com/lender 🏠 Connect with a helpful AGENT in your city → https://www.winthehouseyoulove.com/agent — HELPFUL TOOLS — ✅  Max Purchase Price Calculator → https://www.winthehouseyoulove.com/max-purchase-price-calculator ✅  Lowest Cost Loan Calculator → https://www.winthehouseyoulove.com/lowest ✅  Home Buying Planner → https://myreplan.com/ ✅  Today’s Interest Rates → https://www.winthehouseyoulove.com/todays-rates ✅  Step-By-Step Home Buying Timeline → https://www.winthehouseyoulove.com/timeline ✅  Student Loan Savings Calculator → https://www.winthehouseyoulove.com/student 0:00 How Closing Costs Work (And Why They Cost So Much) 0:25 What is Closing Cost? 1:02 Cash to Close 1:18 Down Payment 1:43 Minimum down payments 2:09 Closing cost 2:25 Adjustments: Earnest Money 2:51 Seller Credits 2:59 Lender Credits 3:04 Tax Proration 3:30 What's frustrating about closing cost? 6:32 Negotiating Seller Credit 8:16 Loan Estimate 9:43 Closing Disclosure 10:41 Closing disclosure walkthrough 11:57 Keeping Closing Cost Low 16:24 When is the cash to close due? 17:09 Charges Upfront 17:36 Closing cost be rolled into the loan 19:16 Refis 19:34 Seller Credits 20:34 Different loans = different closing cost? 21:56 Do you need to prove you have money? 23:05 How do you estimate yours? Kyle Seagraves - NMLS 1701021 Only for educational usage. All calculations should be verified independently. Win The House You Love LLC is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. Read the full disclaimer here: https://www.winthehouseyoulove.com/disclaimer