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#458748 - 11/18/05 02:10 PM Home Equities
Anonymous
Unregistered

We are looking into securing home equities in Colorado. What kind of closing cost should we be expecting? Thanks!!

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#458749 - 11/21/05 06:34 PM Re: Home Equities
Geoz Offline
100 Club
Joined: Apr 2003
Posts: 148
Colorado
Can you be more specific? Are you asking what type of closing costs or are you looking for estimated dollars? Closing costs can vary significantly between institutions, plus they will vary according to loan size, risk profile, and regionally within the state.

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#458750 - 11/22/05 04:32 PM Re: Home Equities
Anonymous
Unregistered

We are looking for what type of closing costs we should expect, not necessarily the specific dollar amount. we are located in ny and wanted to see how much the closing costs will differ. thanks!!

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#458751 - 11/22/05 11:07 PM Re: Home Equities
Geoz Offline
100 Club
Joined: Apr 2003
Posts: 148
Colorado
There can be quite a variance between banks, but you can probably expect to see flood determination plus life of loan, O & E or a title policy for larger loans, recording fees, loan fee, and an appraisal cost depending on LTV and loan size.

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