In certain situations PMI can be avoided with a lesser downpayment. Ask your Fidelity loan officer. Although good credit can get you a better rate, mortgage financing is available to almost any credit grade. A. Closing costs are expenses associated with obtaining a loan. Your loan officer will give a precise detailed summary of your closing costs, but in general they comprise such things as attorneys fees, the cost of an appraisal and survey, title search, municipal lien certificate etc.
Closing costs are actual costs paid to others and are somewhat fixed.
Therefore, there is not a great variation among lenders.