Closing cost in TX purchase

[Zhitao Cao]

Still new in real estate, so want some advice on loan closing cost in TX.  My current understanding is that 1% earnest money must be paid upon offer accepted.  Then 3% of closing cost goes to loan agent.  That is almost 4% closing cost of the purchase price.  Is this norm in recent TX market (i.e. Austin).  For a 250k properties, that is almost 10k as closing cost.  I have seen some closing cost to 2k-3k from deal analysis, but how could this be possible if 4% is already taken away from closing cost?