The Mortgage Motivation Podcast

What are Closing Cost? Episode 6


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What are Closing Cost? 

 Closing Cost are fees associated with your home purchase that are paid at the closing of a real estate transaction.  I like to call it  “Cost of doing business” and every loan will have closing associated with it.  Depending on what type of loan you do the cost will vary.  You will pay a Down Payment and Closing Cost, these cost could range from 2-5% depending on the Purchase price and location.

We will breakdown a "Closing Disclosure" so you will know what to expect.



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Gary Taylor
| Co-Founder | Mortgage Broker
Affluent Mortgage LLC
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The Mortgage Motivation PodcastBy Gary A. Taylor