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Can I roll closing costs into my mortgage?

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(@helen-olamide)
Posts: 2050
Illustrious Member Customer
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[#2628]

Can I roll closing costs into my mortgage?


 
Posted : 28/04/2024 4:22 pm
(@edwardadex233)
Posts: 1000
Noble Member
 

Yes, you can roll your closing costs into your mortgage. Some lenders offer "no-closing cost" loans, which allow you to roll your closing costs into the loan balance.However, this means you'll be paying more in interest over the life of the loan. You should consider your financial situation, loan-to-value ratio and debt-to-income ratio before deciding whether to roll your closing costs into your mortgage.


 
Posted : 30/04/2024 5:25 pm
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