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About Clare Trapasso

Clare Trapasso

Clare Trapasso

Editorial Director, New American Funding

Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.

Clare Trapasso Articles

Miguel Mouriz, vice president of Central Florida for New American Funding, sits on a chair smiling.

What are Closing Costs?

Closing costs are generally 2% to 6% of your mortgage amount. This covers things like the home appraisal, legal fees, lender fees, homeowner association assessments, taxes, and the costs of pulling credit reports.

Smart Moves Start Here.Smart Moves Start Here.