Don't Forget Closing Costs
"Closing Costs" are the fees that pay for various services involved in the sale of a home. Buyers & sellers usually negotiate the payment of these costs.
Many of the costs associated with buying a home are associated with getting the mortgage. Since Curtis Mortgage LLC is highly experienced with mortgages and closings, we are closing cost experts.
The Loan Estimate (Also known as the LE)
Very soon after you submit your application, we will give you the "Loan Estimate" of your closing costs. This cost estimate comes out of the loan officer's past experience. It's important to note that while our LEs are very precise, we can't always estimate closing costs to the penny. We explain LEs with buyers every day, so we are happy to answer your questions about closing costs.
Below you'll find a general list of costs for buying residential real estate. We will provide a specific list of your closing costs when we provide your Loan Estimate.
Standard Closing Costs
Loan-Related Costs
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Fees
- Various Taxes
- Loan Origination Fee
- Points — A fee paid to lower your interest rate (optional)
Property Taxes
- Insurance
- Transfer Taxes and Recording Fees
Homeowners Insurance
- Flood / Earthquake Insurance
- Private Mortgage Insurance (PMI)
- Title Insurance
Curtis Mortgage LLC can help you understand closing costs. Give us a call: 610-565-3600.