Average Closing Costs per State 2009
The survey was done by Bankrate and Illinois ranked 43rd out of the states for costs. The average costs for the loan origination was $1279 for the mortgage portion and $1207 for title charges, etc. The total would be $2486. Quite respectable compared to other states!
Link to original article State by State Costs
Illinois Closing Costs broken down for a buyer - all costs involved on the average.
This should give you at least a good rough estimate that would be needed for closing or to double check your costs on your Truth and Lending Statement from your lender.
*Bankrate.com
© 2007 - 2010 Lyn Sims
Lyn, I had not thougth of checking this out...Thanks for the tip.
Bill: Gives the averages for buyers so they can check and be sure the lender costs are within normal ranges.
Good information for buyers for sure. Glad to see our state was further down the list.