Costs pertaining to your loan to be paid at closing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance fees due at closing
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your deal, not only will we work to get the very best sales price, but we’ll also campaign for lower closing costs. And once we’ve come to an agreement, we’ll walk you through the closing costs so you are aware of exactly where your money is going.
Buyers: When purchasing a house in the triangle area, you should receive a “Good Faith Estimate” (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer’s previous experience and is required to be within a reasonable range so you’re not astonished when you come to the closing appointment. I will go over the GFE with you, answering your questions and highlighting any estimates that seem unusual.
Questions? I am standing by to answer any questions you may have. Please feel free to use the contact form below.