About Closing Costs

"Closing Costs" are the fees that cover the various services involved in the sale of a house. Buyers and sellers often negotiate the payment of these costs.

As you'll see below, many of the buyer's closing costs cover the costs of originating the loan. Since Curtis Mortgage LLC has extensive experience with mortgages & closings, we can help you understand your closing costs.

Loan Estimate (Also known as the LE)

Soon after you apply for a loan, we will give you a "Loan Estimate" of your closing costs. This closing cost estimate is based on our past experience. Please note that while our LEs are very accurate, we can't always predict costs to the penny. We review LEs with buyers almost every day, so we will be happy to answer your questions about closing costs.

We've provided a general list of these costs below, but we'll provide you a specific list of closing costs, with amounts, soon after you complete your loan application. At Curtis Mortgage LLC, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs

• Costs associated with "originating" your loan
• Points — These are costs you pay up-front to lower your mortgage interest rate (optional)
• Appraisal Costs
• Pulling Your Credit Report
• Up-front Interest Payment
• Escrow Account
• Various Taxes

Property Taxes

• Insurance
• Transfer Taxes and Recording Fees

Homeowners Insurance

• Private Mortgage Insurance (PMI)
• Title Insurance
• Flood / Quake Insurance

Curtis Mortgage LLC can answer questions about these closing costs. Give us a call: 610-565-3600.