Closing Costs

Every home sale involves certain fixed costs. Buyers and sellers almost always share these costs, as the real estate sales contract specifies.

Many of the costs associated with buying a house are associated with getting a mortgage loan. At Curtis Mortgage LLC, we are highly experienced in mortgage lending, so we can provide you with a comprehensive report on costs related to your mortgage in your "Loan Estimate".

The Loan Estimate (Also known as the LE)

Very shortly after you apply for a loan, we'll provide you with a "Loan Estimate" of your costs. This closing cost estimate is based on our past experience. It's important to note that while our LEs are very precise, we can't always predict closing costs to the penny. We will be glad to review the "Loan Estimate," answering questions and highlighting costs that sometimes change slightly at closing.

Below you'll find a fairly general list of costs for buying residential real estate. We will always provide you with a specific list of your closing costs when we provide your Loan Estimate.

Standard Closing Costs

Loan-Related Costs

• Interest Payment
• Escrow Fees
• Various Taxes
• Loan Origination Fee
• Points — These are costs you pay up-front to lower your interest rate (optional)
• Appraisal Costs
• Getting YourCredit Report

Property Taxes

• Recording Fees and Transfer Taxes
• Insurance

Homeowners Insurance

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

Curtis Mortgage LLC can help you understand closing costs. Call us: 610-565-3600.