Loan-Related Costs
Loan Origination Fee
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
Commission
Adjustable Rate Mortgages (ARM)
Property Taxes
Transfer Taxes and Recording Fees
Insurance
Homeowners Insurance
Title Insurance
Private Mortgage
Insurance (PMI)
Flood or Quake Insurance |
When the loan application is submitted to the lender, buyers will receive a ‘Good Faith Estimate’ of their closing costs. This estimate is based on the loan officer’s experience and will break down all costs within the loan.
We will walk you through the closing costs. We want to make sure that you have a good understanding of the process and answer any and all questions. |
