I often hear potential home buyer comment that they thought they had saved enough for a down payment, only to be blind sided with mortgage loan closing costs. (mnrealestatedaily.com)
Other data also shows the average home loan closing costs have gone up too, as lenders have had to hire more support personal to deal with the new rules. (joemetzler.com)
Reverse mortgages often come with loan closing costs that are considerably greater than conventional home loans. (debt.org)