Mortgage Closing Costs

Here is a list of typical closing costs and other expenses normally associated with a home loan transaction. We can explain these to you and estimate the charges that would apply to your loan when we talk with you.

Loan-Related Costs

• Loan Origination Fee



• Points (Optional, if you want to buy down your interest rate to a below-market level. Points may be positive or negative, depending on the interest rate you choose from the available rate/point combinations)



• Appraisal Fee



• Credit Report



• Prepaid Interest Payment (for partial month, depending on day loan closes)



• Escrow Account

Taxes

• Property Taxes



• Transfer Taxes and Recording Fees




Insurance

• Homeowners Insurance



• Flood Insurance



• Mortgage Insurance



• Title Insurance

Related Information

Are You Looking for a Refinance with No Closing Costs?

Loan Programs

Current Rates

Buying a Home

Home Mortgage Calculators

How to Get the Best Mortgage Rates

How Much Mortgage Can I Qualify For?

Pre-Approval vs. Pre-Qualified

1st Time Home Buyer Loans