Closings cost on an investment property....

[Lorraine Patterson]

Hello fellow BP’s, I’ve been pre-approved for $200k loan, but closing costs seem a bit high, does $16,000.00 in closing costs makes sense, the bank officer at Quicken Loans said the closing cost on investment properties are MUCH higher, is he serious, I emphasize on MUCH? Any input would help. Thanks!!!!

[Caleb Heimsoth]

@Lorraine Patterson your problem is quicken loans. Get a better lender