Closing costs:For every loan, there are closing costs that must be paid to the title company, underwriter, taxes, and insurance. This amount is going to be about $2,500 � $4,000 dollars depending on the amount borrowed. Also, you will need to add about $150 to your monthly payment for taxes and hazard insurance. If your mortgage is less than 28% of your gross monthly income and your total monthly debt isn�t more than 36%, you will likely be approved for the home loan you want. Contact me and we can talk about your specific goals and aspirations!
© Copyright 2007 Clay Vickery
 Equal Housing Lender
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