Don't Forget Closing Costs
All residential real estate sales involves certain costs. Sellers and buyers customarily split these costs, as specified in the sales contract.
Many of the costs associated with buying a home are associated with getting the mortgage loan. Since Curtis Mortgage LLC is highly experienced with mortgages and closings, we are closing cost experts.
Loan Estimates (LEs)
Very shortly after you submit your application, we will give you a "Loan Estimate" of your costs. We base this cost estimate on our extensive past experience. Please note that while our LEs are very precise, we cannot always estimate closing costs to the penny. We will be glad to review the "Loan Estimate," answering your questions and pointing out costs that sometimes vary a little bit at closing.
We've provided a general list of closing costs below, but we'll give you a specific list of closing costs, with amounts, very soon after you complete your application. At Curtis Mortgage LLC, we don't believe in surprises, so if your costs change, we will be sure to let you know immediately.
Standard Closing Costs
- Credit Report
- Interest Payment
- Escrow Fees
- Costs related to "originating" your loan
- Points — lower your mortgage interest rate (optional)
- Appraisal Fee
- Recording Fees & Transfer Taxes
- Flood or Earthquake Insurance if applicable
- Private Mortgage Insurance (PMI)
- Title Insurance
Curtis Mortgage LLC can help you understand closing costs. Call us: 610-565-3600.