Question

In what range do the closing costs on a home loan typically fall? a. 1% to 3% b. 3% to 5% c. 5% to 7% d. 7% to 10% Please select the best answer from the choices provided A B C D Mark this and return

Answer 1

The answer to this question that you asked is 3%

so the complete answer is: b. 3%

Explanation:

The closing costs can usually and typically range from 3%–6% of the home's purchase price. if you are buying a two-hundred thousand dollar house, your closing cost would could range from six-thousand to twelve-thousand dollars. The closing fees may vary depending on your state, loan type, and mortgage lender, so it's important to pay close attention to these fees.

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