Saturday, August 9, 2014

Closing Costs: States Ranked

US - Mortgages:


Bankrate requested good faith estimates for a $200,000 mortgage loan from up to 10 lenders in each state, plus Washington, D.C. The hypothetical loan was for a purchase of a single-family house in the state's largest city, using a 20 percent down payment, with excellent credit.

The following table ranks states by average closing costs, from most expensive to least expensive. Your final charges probably will be higher than shown here because the most highly variable costs are not included: title insurance, title search, taxes, other government fees and escrow fees. http://ow.ly/3o6fey

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