No one here can answer your question without some additional information.
For example: What type of loan did you apply for?
If it was one of the government backed loans (FHA, VA or USDA) you will have an upfront fee that is financed into your loan BUT it's still included in your closing costs.
Here's an example:
If you're doing a VA loan, you'll have to pay the VA Funding Fee which will be at least 2.15% of your loan amount so at $140,000 it would add $3,010. That means your closing costs would be $8,394.52 minus the VA Funding Fee of $3,100 = $5,384.52. The $3,010 is added to your loan amount so your final loan amount would be $140,000 + the VA FF of $3,010 = $143,010.
Does that make sense?
Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.
Please feel free to contact me for more information or help.
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
Apply Online: https://secure.smartapp1003.com/102471/?loanofficerid=106115