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Closing costs

Posted on 7/7/25 at 6:18 pm
Posted by tigger4ever
Member since Apr 2021
1433 posts
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Posted on 7/7/25 at 6:18 pm
If you are buying land to build a house, is it better to find a lender that will do a one time closing cost for both?
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Posted by LSUDad
Still on the move
Member since May 2004
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Posted on 7/7/25 at 7:24 pm to tigger4ever
Yes, Interim financing then conventional.
This post was edited on 7/7/25 at 7:26 pm
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Posted by Tadey
Baton Rouge
Member since Aug 2012
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Posted on 7/8/25 at 7:22 am to tigger4ever
One time closing is only slightly cheaper (~$500) if you do the math, but you may be locked in at that pre-determined rate (not a problem unless you think rates will be lower when the house is done and you would have been doing your final mortgage closing).
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