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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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