How much money will I have to put down and what will my closing costs be when I purchase a property?

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When we first sit down after you have been pre-qualified for a loan, I will provide an estimate of closing costs based on the home price you qualify for. Some lenders have programs for first time home buyers, and some lenders have certain loan programs that require no down payment based on your credit score. We will go over how much the lender will require you to put down up front as a down payment and all the other closing costs involved in purchasing a home and who is responsible for paying what costs. We can also ask the seller to pay some of the buyer’s closing costs when we first present the contract offer.