Mortgage Terms: Settlement Costs Definition

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Mortgage Terms: Settlement Costs Definition

Settlement costs

Definition

Costs that the borrower must pay at the time of closing, in addition to the down payment.

For articles on settlement costs, see Settlement Costs.

Related Terms

Other terms related to 'Settlement costs' starting with the letter 'S'

Secondary markets, Single lender web site, Swing loan, Subordinate financing, Simple interest biweekly mortgage

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