Mathematics, 14.04.2021 05:00 nikki4367
The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home’s value. In addition to the down payment, they have the following closing costs:
Lender’s inspection fee $400
Loan origination fee 1.5% of the loan amount
Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs?
Answers: 2
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The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home’s value...
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