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Keep in mind that your seller closing costs are in addition to any repairs and staging you may have done to spruce up the house before listing, and once the house is sold you will likely have ...
In this scenario, your total costs might range from around $326,781 to $345,274. That leaves you with net proceeds from that $450,000 sale ranging from $104,726 to $123,219. Either way, it’s a ...
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This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan application. In some cases, the buyer would pay the lender the application directly and prior to closing, while in other cases the fee is part of the buyer's closing costs payable at closing.
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Check your credit: Mortgage lenders use your credit score, along with other criteria, to determine your interest rate. The higher your score, the lower a rate you’re likely to get.
Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...
Before making any moves, stop everything and calculate exactly how much you can afford with an easy-to-follow guide from Ramsey... How To Calculate Exactly How Much House You Can Afford, According ...
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