how to qualify for a mortgage without tax returns, w2s or 1099s

Closing Costs and Down Payment–Know the Difference and Know Your Options

By Dottie Spitaleri

09 Mar, 2022

Getting a mortgage requires some cash on hand. How much you spend is going to depend on knowing the difference between closing costs, your down payment, and how you want to allocate your funds. Closing costs and down payments play a different role in getting a mortgage loan. Here is the difference;