Closing costs are a part of taking out a mortgage – every lender charges them, but certain programs only allow particular closing costs. Before you take out a new loan with the USDA, you should learn what borrower paid closing costs are allowed so you know what you can and cannot be charged. Fees Tied into the Loan There are certain fees that are charged in order to get a loan. These fees have a direct impact on your ability to secure … [Read more...]