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Closing Costs
Useful Links > Glossary > Closing Costs
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Closing Costs
Closing costs includes all items payable at the close of escrow. Closing costs can include items payable in connection with your loan such as the appraisal fee, credit report, and underwriting fee. Additional closing costs can include title fees, recording fees, transfer fees, courier fees, etc. The closing costs can be entered into the Data Input Form either in terms of a percentage (%) of the purchase price or in terms of a dollar amount ($). The default value for closing costs is 3% of the purchase price.

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