Can Closing Costs Be Rolled Into a Mortgage?

Closing costs are a real part of buying a home, but you have several options to reduce or finance them so you don't have to pay everything out of pocket.

Rolling Costs Into the Loan

In some situations, such as certain refinances or specific loan programs, closing costs can be added to your loan balance. On a purchase, this is more limited, so it's worth confirming with your lender.

Seller Concessions

A common strategy is to negotiate for the seller to contribute toward your closing costs. This is often more effective than financing the costs, and it's something your agent negotiates for you.

Lender Credits

Some lenders offer credits toward closing costs in exchange for a slightly higher interest rate, which can lower your upfront cash needs.

Assistance Programs

Down payment and closing cost assistance programs may also help cover these expenses for eligible buyers.

Let's Lower Your Upfront Costs

As your REALTOR, I can negotiate seller credits and connect you with lenders who offer flexible options. Reach out and we'll reduce what you bring to closing.