Every home sale incurs certain fixed costs. Buyers and sellers usually split these costs, as the sales contract specifies.
As you'll see below, many of the costs result from getting your loan. Since Great Mortgage NMLS#478647 is highly experienced with mortgages and closings, we can help you understand your closing costs.
Soon after you submit your application, we will give you the "Loan Estimate" of your costs. This closing cost estimate is based on the loan officer's past experience. It's important to note that while our LEs are very precise, we cannot always predict closing costs to the penny. We answer questions about these costs every day at Great Mortgage NMLS#478647, so don't hesitate to ask if we can help answer your questions.
We've provided a general list of closing costs below, but we will provide you a specific list of closing costs, with amounts, soon after you have completed your application. At Great Mortgage NMLS#478647, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.
Standard Closing Costs
Escrow Fees Various TaxesLoan Origination Fee Points — A fee paid to lower your interest rate (optional) Appraisal Costs Obtaining Your Credit Report Up-front Interest Payment
Recording Fees & Transfer Taxes Insurance
Title Insurance Flood / Quake Insurance if applicablePrivate Mortgage Insurance (PMI)
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.