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April 11, 2012

Buying or Selling a Home

Financing a Home Purchase

What will I need for closing costs?

Along with the down payment, you will need between four and six percent of your loan amount to pay for closing costs, unless you are obtaining an FHA or VA loan. If you are obtaining a loan, the law requires the lender to provide an estimate of these costs at the time you apply.

>>How much money will a lender provide for my home purchase?
>>What do I need for a down payment?
>>What will I need for closing costs?
>>Should I pre-qualify for a loan?
>>I want to buy a home but my credit history is poor. Is there anything I can do?

Practical Law Home | Buying or Selling a Home | Basics of Buying a Home
Basics of Selling a Home | Why Real Estate Is Covered By Special Laws | Real Estate Brokers
The Purchase Contract | *Financing a Home Purchase* | The Closing | The Fair Housing Act
Where to Get More Information