On a home-buying journey? Don’t forget to budget for closing costs.
Typically ranging from 2% to 5% of your home’s purchase price, closing costs — which are not included in your down payment — pay for third-party services like the lender application, appraisal, and inspection, among other common fees.
Pro tip: When you apply for a mortgage loan with Greenville Federal Credit Union, they can calculate your estimated closing costs.
