Senior Contributor
Posts: 3,065
Registered: ‎11-02-2009
Re: Why are our closing costs so high?

I don't know how far along you are in the process, but you could also explore whether you could get a credit from the lender and take a slightly less competitive interest rate.  Basically the reverse of paying points for a better rate.  Might be something to consider if you are concerned about having no savings left.

Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720

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