Ohio Ranks 4 In Closing Costs

Ohio ranks four in BankRate.com's annual mortgage closing cost comparison survey. Good faith estimates were obtained from ten lenders in all 50 states. Lender, title and settlement costs totalled an average of $3,024.

Ohio's settlement costs average $3,354. The number one ranking goes to New York for the second year in a row with average costs of $3,887. While Missouri came in last with $2,713 in costs. Ohio's fourth place ranking is up from the number 10 spot in 2005.

The key to getting the best deal on your mortgage is to shop around. If you are in the market to purchase a home, contact me and I will counsel you on the questions to ask a lender ensuring the best possible pricing.
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Tags: bankrate.com, mortgage, loan, closing cost, Ohio, New York, buy, sell, home, real estate, listing, Sam Miller