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All mortgage loans require closing costs.  You’ll either pay for them in cash, finance, or have a third party cover them. Third parties normally include either the seller or the lender. If the seller pays them, it pretty straight forward.  At closing your real estate attorney or title agent will collect the appropriate fees from the seller and disburse them accordingly.

If you lender pays the closing costs it’s done by charging you a higher than normal interest rate, consequently the lender will get what’s called premium pricing for the higher rate from the loan servicing mortgage lender, and use some or all of these fees to cover your closing costs. Mortgages, where the costs are paid by the lender in full are known as “zero closing costs mortgage loans” and they can be to your advantage, depending on how long to plan to own your home.