Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?
By law, a homebuyer will receive a from their lender 3 days after submitting their loan application and they should receive a 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.
According to :
Keep in mind that if you are in the market for a home above this price range, your costs could be significantly greater. As mentioned before,
continues to give great advice, saying that:
Speak with your lender and agent early and often to determine you’ll be responsible for at closing. If you find out that you’ll need to come up with thousands of dollars right before closing it will be a surprise no one has ever looked forward too.
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Information courtesy of: https://www.keepingcurrentmatters.com/2018/11/26/buyers-dont-be-surprised-by-closing-costs/