Frequently Asked Questions

Closing costs in Mississippi typically range from 2% to 5% of the home's purchase price. For a $230,000 home, expect roughly $4,600 to $11,500. Common costs include title insurance ($800-$1,500), attorney/closing fees ($500-$1,000), appraisal ($400-$600), home inspection ($300-$500), recording fees ($100-$300), and lender origination fees (0.5%-1% of loan). Mississippi does not charge a transfer tax on real estate transactions, which is a notable savings compared to many other states. Your lender will provide a detailed Loan Estimate within three days of your application.