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can closing cost be added to the home loan

  • April 13 2013 - Indio
  • 0Yes

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Answers (5)


Refinance- Yes, in most all loans scenarios as long as your home value supports it.

Purchase- No but, the Seller can pay 3-6% depending on your loan scenario and/or the lender can pay closing costs in the form of a Lender Credit based on a higher interest rate.

Hope this helps!
  • April 16 2013
  • 0Yes

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Profile picture for Jason Muse
In Texas, it's considered a Seller Paid contribution to closing cost.  The max allowed seller paid contribution will vary depending on type of loan
  • April 16 2013
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Profile picture for The Mortgage Mark
Depends on if it is a purchase or refi. 
  • April 16 2013
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Profile picture for user044646
you can increase your interest  rate to get the seller credit. that'll cover some closing costs.
  • April 16 2013
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On a refinance it is possible..... on a purchase no.  You can however request seller pay some or all of your closing cost, or lender can give you slightly higher rate and pay some or all of the cost with a lender credit. You obviously could do a combination of the above.
  • April 13 2013
  • 0Yes

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