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Q: What are the average attorney fees for closing cost for home sellers in NJ?
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The average closing cost to refinance varies depending on the amount of money unlocked during the refinancing process. As a broad average, this is around 5% of the total value.


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How can refinancing a loan change your closing cost?

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What is the average closing cost fee in the US on 2011?

The average varies between states and regions of the country. Most commonly it is quoted at about 3 to 5 percent in most southeastern states. There are many ways to have this figure change in the buyer's favor. One way would be to request closing costs and attorney's fees from the seller as part of the offer. Many home-builders have their own mortgage companies and will pay a portion of closing costs and attorney fees with their lender and attorney. In my state the attorney fee is about $500 for a standard closing, in others it may be over $1000, so there will be variation. Some lenders charge a one point origination fee for making the loan. This is equal to 1% of the amount you are borrowing. Other lenders may charge less or nothing but make up the money on the loan rate. The best idea is to shop around!


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How much are closing cost loans?

Closing cost loans depends on the loan and credit of the individual applying for the loan. Sometimes closing cost can be included in the actual home loan itself.


What is closing cost calculator used for?

A closing cost calculator is often used for determining what your closing costs will be. In addition to comparing loans with different rates or fees.


What is the average cost of the existing home mortgages in America today?

The average cost of an existing home mortgage depends on several items. Interest Rate Closing Cost Length of mortgage or term of mortgage The amount of the mortgage. If you can provide more details to the question I will provide you with a complete answer. I have one question for you. Are you asking the question of; what is the average closing cost of an existing mortgage in America Today. If that is your question, the answer is 3-5% of the loan amount. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com