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Average Closing Costs in Illinois

Average Closing Costs per State 2009

The survey was done by Bankrate and Illinois ranked 43rd out of the states for costs. The average costs for the loan origination was $1279 for the mortgage portion and $1207 for title charges, etc. The total would be $2486. Quite respectable compared to other states!

Link to original article State by State Costs

Illinois Closing Costs broken down for a buyer - all costs involved on the average.

This should give you at least a good rough estimate that would be needed for closing or to double check your costs on your Truth and Lending Statement from your lender.

*Bankrate.com

Posted by Lyn Sims ~ Chicago Northwest Suburbs on 09/22/2009 07:03 PM

IL Average Closing Costs in the Mortgage / Finance Channel

closing costs, first time home buyer, buyers agent, real estate buyers agent

Originally posted at: Real Estate Consumer Info.com: Average Closing Costs in Illinois

This post has been included in Illinois Information Cook County, IL Information Schaumburg, IL Information
Post is included in group: Local Expert
Post is included in group: Advice for Buyers

3 Comments on Average Closing Costs in Illinois

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22

3 Featured Posts

Lyn, I had not thougth of checking this out...Thanks for the tip.

SEP

23

2 Featured Posts

Bill: Gives the averages for buyers so they can check and be sure the lender costs are within normal ranges.

SEP

25

Good information for buyers for sure. Glad to see our state was further down the list.

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Lyn Sims ~ Chicago Northwest Suburbs

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