About Closing Costs

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

As indicated below, many of the buyer's costs are related to the costs of originating the mortgage loan. Since Price Mortgage Group LLC is highly experienced with mortgages and closings, we are closing cost experts.

Good Faith Estimates (GFEs)

Soon after you submit your application, we'll provide you with a "Good Faith Estimate" of your costs. The closing costs spelled out in the Good Faith Estimate are estimated based on Price Mortgage Group LLC's experience with mortgage loans, but costs usually vary by small amounts between delivery of the GFE and closing. We answer buyers' questions about closing costs every day at Price Mortgage Group LLC, so please be sure to contact us if you have questions.

Below you'll find a generic list of closing costs. We will always provide you with a specific list of your closing costs when we deliver your Good Faith Estimate.

Standard Closing Costs

Loan-Related Costs
  • Various Taxes
  • Costs related to "originating" your loan
  • Points — lower your mortgage interest rate (optional)
  • Appraisal Costs
  • Pulling Your Credit Report
  • Interest Payment
  • Escrow Fees
Property Taxes
  • Insurance
  • Transfer Taxes and Recording Fees
Homeowners Insurance
  • Title Insurance
  • Flood / Quake Insurance if applicable
  • Private Mortgage Insurance (PMI)

Price Mortgage Group LLC can answer questions about these closing costs. Call us at 405-513-7700.

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