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Answers (5)
- Mark Madsen, "Mark Madsen"
- Contributions:8
The down payment and most of the closing costs are paid at settlement. However, the appraisal and property inspection will more than likely have to be paid at the time they are completed.
- Tiffany Lewis, "Tiffany Lewis"
- Contributions:68
You would give a deposit whey you present the contract, pay for appraisal and any application fees your lender may or may not have and then close. If you can't roll the closing costs in then you pay at closing, if you can then there is nothing else out of your pocket. The contract must be written a specific way for this to happen. Ask your agent.
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Good Luck!
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Good Luck!
- Don Groff, "Austin Texas Lender"
- Contributions:119
Are you asking when or if you would have to pay the closing costs out of pocket instead of just rolling them into the loan?
- kissane
- Contributions:2
When you go to closing at the title company.
- Greg Darlin, "Greg Darlin"
- Contributions:3238
At settlement!
When would I have to pay the down payment & closing cost?
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