Profile picture for walt52

Why are the closing cost so low for these lenders? Other inquires yeild cost that exceed 6%.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 14 2009 - Randallstown
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

walt52, all closing costs are not quoted here, only the 800 section of a Good Faith Estimate, so you can add title/atty/state taxes,etc. You are probably also including prepaids which can include 1 years insurance policy/escrow/prepaid interest and if looking at an FHA or VA, then the upfront MI charge or funding fee.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 18 2009
It's competitive on this site. It works out best for the borrower, because you get the best deal. I'd rather charge you more, but, I wouldn't get your business :)
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 18 2009
Profile picture for oldskoolballr
Your question is a little vague.  The costs that are extremely low are probably too good to be true and who in the world pays over 6% in closing costs? 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 14 2009
 
Related Questions
Why are the closing cost so low for these lenders? Other inquires yeild cost that exceed 6%.
Profile picture for Clay Branch
Latest answer by Clay Branch
August 18 2009 | 3 answers
  • Asked by walt52
  • In Mortgage
  • August 14 2009
ugo osoh
  • Asked by babyosoh
  • In Mortgage
  • December 17 2008
ugo osoh
Profile picture for Dave Mason
Latest answer by Dave Mason
December 17 2008 | 1 answers
  • Asked by babyosoh
  • In Mortgage
  • December 17 2008
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 3636 Waterwheel Sq, Randallstown, MD Home For Sale
    3636 Waterwheel Sq, Randallstown, MD 21133

     For Sale: $110,000

    • Beds: 3
    • Sqft: 1440
    • Baths: 4.0
    • Lot: 3649
  2. 4103 Kiwi Ct, Randallstown, MD Home For Sale
    4103 Kiwi Ct, Randallstown, MD 21133

     For Sale: $465,000

    • Beds: 4
    • Sqft: 2926
    • Baths: 3.0
    • Lot: 8581
  3. 8905 Maplebrook Rd, Randallstown, MD Home For Sale
    8905 Maplebrook Rd, Randallstown, MD 21133

     For Sale: $215,000

    • Beds: 3
    • Sqft: 1600
    • Baths: 3.0
    • Lot: 10789
 
 
 
Sign in with Google