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Closing Costs
There are certain standard costs associated with obtaining a mortgage.
I will walk you through the closing costs, answering any questions you may have explaining all your fees.
Good Faith Estimate
All clients will receive a "Good Faith Estimate" of closing costs, interest rates and other applicable fees at the outset of our process. We will explain and answer all questions pertaining to the fees.
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Standard Closing Costs
Loan-Related Costs
- Loan Origination Fee
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance
- Homeowners Insurance
- Flood or Quake Insurance
- Private Mortgage Insurance (PMI)
- Title Insurance
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