Don't Forget Closing Costs

All residential real estate sales involves certain fixed costs. Sellers and buyers almost always share these costs, as the sales contract specifies.

As you'll see below, many of the buyer's closing costs cover the costs of getting the mortgage loan. At Curtis Mortgage LLC, we have extensive experience in mortgage lending, so we can compile a comprehensive list of mortgage-related costs in your "Loan Estimate".

Loan Estimates (LEs)

Soon after you apply for a loan, we'll provide you with a "Loan Estimate" of your costs. We base this cost estimate on our extensive past experience. It's important to note that while our LEs are very precise, we cannot always predict your costs to the penny. We answer buyers' questions about closing costs every day at Curtis Mortgage LLC, so don't hesitate to ask if we can help answer your questions.

We've provided a general list of these costs below, but we'll give you a specific list of closing costs, with amounts, soon after you have completed 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

Loan-Related Costs

• Various Taxes
• Loan Origination Fee
• Points — A fee paid to lower your mortgage interest rate (optional)
• Appraisal Costs
• Credit Report
• Up-front Interest Payment
• Escrow Fees

Property Taxes

• Recording Fees & Transfer Taxes
• Insurance

Homeowners Insurance

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

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