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Updated over 2 years ago,
Closing costs question , more than 5%
Thank you all for a wealth of information on here. My question comes in regards to the closing costs. Everywhere I read it’s from 2-5%, but my lender , 30 yr conventional , investment property , has closing costs out of pocket $17k for 235k property. $9k total loan costs and $8 other costs. When the average range of 2-5% is mentioned is that only for total loan costs ?
Thank you in advance