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Closing Costs
Closing costs include all the expenses incurred by you in obtaining your loan, buying the property, and transferring its ownership. The allocation of specific charges between buyer and seller varies widely from place to place, depending on local practices. In this section, you can learn what these charges are and any options you may have regarding them.
Down Payment Options
The down payment is the part of the purchase price you pay in cash and do not finance as part of your loan. Depending on your financial situation and goals, there are various options and strategies for how much you actually put down on a home. We have programs with 5% down, as well as up to 20% down or more.
Closing Costs Breakdown
Wondering what recording fees are? Or why you have to pay for title insurance? See this list of closing costs for an explanation.
Taxes, Insurance and Interest
At closing, you may have to pay some portion of all three of these costs that may be included in your home loan payment or paid separately. We'll explain.
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Countrywide has a huge selection of loans built to suit specific needs of our customers. Our home loan experts are ready to help you find the loan that’s right for you! Contact us now to get a FREE, no obligation loan consultation:
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1-800-825-4863 |
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Available 7 days/week |
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Quick and easy process |
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Low, up-to-the-minute rates available by phone |
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Ask about our no-closing cost loans |
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 Equal Housing Lenders. © 2008 Countrywide Bank, FSB, Countrywide Home Loans Division. Member FDIC. Trade/service marks are the property of Countrywide Financial Corporation, Countrywide Bank, FSB, or their respective affiliates and/or its subsidiaries. Some products may not be available in all states. This is not a commitment to lend. Restrictions apply. All rights reserved.
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