Answer:Depending on which loan program you choose, the outlay to close the loan can vary. Typically you will need to budget for the following to buy a home: Good faith deposit, usually less than $500 which holds the home for you while you close the loan. You get this back at closing;...
Maybe higher if more borrowers are included on the loan application. ∘ How long does it take to get approved for a mortgage loan in Kentucky? Answer: Typically if you have all your income and asset documents together and submit to the lender, they typically can get you a pre-approval ...