A lot of Sedona home buyers believe that saving the down payment is enough to purchase a home. Don’t forget the closing costs though.
US law requires that a home buyer receive a loan cost estimate from the mortgage lender within 3 days of submitting a mortgage application. Additonally a buyer should also receive a closing disclosure no later than 3 days prior to the close of escrow. The disclosure will include the final terms and details of the mortgage loan and associated closing costs.