Kentucky Mortgage Closing costs can include the following:
Down Payments
20% of the purchase price depending on your qualifications and loan choice
Earnest Money Deposit
The money put down when a contract is written - it usually goes into an escrow account
Lender Fees
Includes charges for loan processing, underwriting and preparation
Third-party Fees
Includes charges for insurance, title insurance, title search, appraisal fees and other inspections
Government Fees
Includes deed recording and state mortgage taxes
Escrow Interest Fees
Include homeowner's insurance, loan interest, real estate taxes, home warranties and prepaid interest
Property Taxes
Capital tax based on the estimated value of the property
Please do not hesitate to contact me when you are ready to take the next step. I look forward to assisting you!
I can answer your questions and usually get you pre-approved the same day.
Call or Text me at 502-905-3708 with your mortgage questions.
Email Kentuckyloan@gmail.com
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice.