Many lenders are trained to quote you one specific closing cost—say, for example, the origination fee. Don’t get fooled by this. Ask for a “net sheet,” or a list of all the closing costs you’ll be paying, and compare these costs between lenders. Many investors will haggle over $1,000 on the purchase price but pay $2,500 more for one lender than they would for the next. Don’t be that person—ask for this information up front.
