Maryland, D.C. closing costs below national average

By August 17, 2010 Uncategorized

Average closing costs in Maryland and the District of Columbia are less than the national average, according to the results of an annual survey by Bankrate.com.

Closing costs averaged $3,741 nationally, according to the survey, which was based on a loan amount of $200,000 and included loan origination and title fees.

Here’s a breakdown of states in the Washington Metro Area, where Federal Title primarily works:

Maryland $3,402 No. 38
District of Columbia $3,685 No. 22
Virginia $3,883 No. 19

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