closing cost what is included
Lender Fees for Closing Your Loan. 1  0-2 percent of the loan amount goes to the lender for preparing the loan. 2  $75 is for a tax service fee. 3  $18 is for flood certification.  $20 to over $200 for credit reports depending on whether your credit is excellent or needs work.
In addition to the down payment, you'll also have to pay closing costs â miscellaneous fees charged by those involved with the home sale (such as your lender for processing the loan, the title company for handling the paperwork, a land surveyor, local government offices for recording the deed, etc.).