Your Closing Costs
"Closing Costs" are the fees that pay for various services involved in the sale of a home. Buyers and sellers often negotiate the payment of these costs.
Many of the closing costs associated with buying residential real estate are associated with getting the loan. Since Curtis Mortgage LLC has extensive experience with mortgages and closings, we are closing cost experts.
Loan Estimate (Also known as the LE)
Very soon after you submit your application, we will give you the "Loan Estimate" of your costs. The closing costs specified in the Loan Estimate are estimated based on Curtis Mortgage LLC's experience with mortgage loans, but costs usually change by small amounts between delivery of the LE and closing. We answer questions about these costs every day at Curtis Mortgage LLC, so don't hesitate to ask if we can help answer your questions.
Below you'll find a fairly general list of closing costs. We will always provide a specific list of your closing costs when we provide your Loan Estimate.
Standard Closing Costs
Loan-Related Costs
- Costs related to "originating" your loan
- Points — A fee paid to lower your interest rate (optional)
- Appraisal Costs
- Credit Report
- Up-front Interest Payment
- Escrow Fees
- Taxes
Property Taxes
- Insurance
- Recording Fees & Transfer Taxes
Homeowners Insurance
- Private Mortgage Insurance (PMI)
- Title Insurance
- Flood or Earthquake Insurance
At Curtis Mortgage LLC, we answer questions about closing costs every day. Give us a call at 610-565-3600.