Who pays closing costs on a new construction home?
Often the builder. When you use the builder's lender, the builder often pays your closing costs, so you keep your savings for the move.
By Nick GutheryOwner & CEOUpdated Florida & Georgia
Closing costs are the fees to make the loan and the sale happen: the lender's fees, the title work, and money set aside for taxes and insurance.
Ask what the builder will pay before you choose a home. The deal can be different from home to home in the same community.
You are free to use any lender. Get a Loan Estimate from the builder's lender and from at least one other, and compare the whole cost.