You have to pay closing costs on almost every mortgage you take out, unless you are able to negotiate a no-closing-cost loan with your lender. That being said, it pays to be informed about the costs you are being charged and which charges you can negotiate and/or shop around for to get the best deal. USDA loans are meant to help people that are in a lower income bracket and are unable to secure financing from any other source, but that … [Read more...]