Lenders Fees

[washregal]

Looking to make the jump from a lease purchase to a purchase.

My Nut is 1.3M and curious if anyone can give me a solid estimate on what Closing costs and settlement charges might be.. any examples. I am a bit nervous about them.

Is there any rule of thime % wise about these to the loan?

 

[Sequoia]

You've provided very little information to comment on, but I can suggest a few things:

1. Many closing costs are not standardized. When the lender states their "standard fees", compare them to another potential loan. You will find differences. Optimize the differences from one lender to another to work down the fees.
2. The fees, at least some of them, are negotiable. If you don't like the fee package, offer something less.
3. Comparison shop. Oddly, the fees for closing vary *greatly* by geographic area and local custom. Shop locally and nationally for financing and you'll find the best deal for you.