Re: Why are our closing costs so high?
08-07-2012 03:50 PM
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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