Who Pays Closing Costs When You Buy a House?
Craig Snell
November 6, 2026
Most closing costs land on you as the homebuyer, but a seller can cover part of them, or even all of them, if a large
Michael McCormack is a Senior Loan Officer and Team Leader at Milestone Mortgage Solutions. He has an extensive background in real estate and lending, having spent time working on both the real estate and mortgage sides of the homebuying process. Michael’s background gives him a unique perspective and allows him to better help his clients achieve their mortgage goals. He works closely with his clients’ financial planners, attorneys, and accountants to help provide an exceptional experience. He resides in Marlborough with his 2 kids Sadie and Marshall and rescue dog Teddy.
(508) 963-5800
mike@milestonemortgagesolutions.com
Traditional mortgages with competitive rates for borrowers with good credit. Down payments as low as 3%.
Government-backed loans perfect for first-time buyers with flexible credit requirements.
Exclusive benefits for veterans, active military, and eligible spouses. Thank you for your service!
Zero down payment loans for eligible rural and suburban homebuyers. Great for first-time buyers!
Lower your rate, reduce your payment, or tap into your home's equity with our refinance options.
Financing for luxury properties and high-value homes that exceed conventional loan limits.
We’re not just another mortgage company. We’re your neighbors, committed to making homeownership accessible and stress-free for our community.
We match you with the right loan for your goals. Not a one-size-fits-all solution.
No hidden fees or surprises. Every cost is clear from day one.
Streamlined underwriting and clear communication keep your loan on track.
Our loan officers know your market, your rates, and your neighborhood.
Expert insights, tips, and news about mortgages and homeownership from Milestone Mortgage Solutions.
Most closing costs land on you as the homebuyer, but a seller can cover part of them, or even all of them, if a large
Most closing costs land on you as the homebuyer, but a seller can cover part of them, or
Most buyers don’t put 20% down, and the real minimum depends on your loan program. Here’s what FHA,
If you’re stuck deciding between a broker, a bank, or just calling the first lender that comes up,
The honest answer is “it depends,” but not vaguely. Your loan type, your state, and how quickly documents
Worried about your first meeting with a mortgage loan officer? Here’s exactly what to bring, what they’ll ask, what you should ask them, and what you’ll walk away with — whether you’re ready to buy this month or just exploring.
