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Updated over 5 years ago,
$6850 in closing cost
Hi everyone,
I am closing on my first rental property and this is the closing cost details that my lender sent me last night. The property is $115,000 and I am putting a 25% down payment on it. The total closing cost is $6850 which seems excessively high in my opinion. Are there any fees here that are out of the norm. Thank you for all of your help in advance.