|
|
|
|
Closing Costs
There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.
Good Faith Estimate
Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application. The estimate is based on my past experience and may not include all the closing costs.
|
Standard Closing Costs
Loan-Related Costs
- Loan Origination Fee
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance
- Homeowners Insurance
- Flood or Quake Insurance
- Private Mortgage Insurance (PMI)
- Title Insurance
|
|
|
|
This is NOT a commitment to lend. This is an advertisement. A and N Mortgage Services, Inc. is an Illinois Residential Mortgage Licensee and an Equal Housing Lender. MB#0006638, FL MLD288, IN 1122, IA 2006-0064, MA MC5413, MI FL0012625, WI 19291BA NMLS# 19291 Michael Poland MB# 31.0010234 NMLS# 222653
|