Can I take out a personal loan for closing costs?

Updated date: Tuesday, July 8, 2025 - 19:43
Can I take out a personal loan for closing costs?

Mortgage Guide

It is possible that you could obtain a personal loan to pay for mortgage closing costs; however, we do not recommend this approach. ... Instead of using a personal loan, we recommend that you consider using a closing cost assistance program. These programs help home buyers pay for all or part of their closing costs.

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