"Closing Costs" are the fees that pay for the various services involved in the sale of residential real estate. Buyers & sellers usually negotiate to determine who will pay different portions of these closing costs.
As indicated below, many of the buyer's costs are related to the costs of originating the loan. Since Price Mortgage Group LLC is highly experienced with mortgages and closings, we can help you understand your closing costs.
Soon after you apply for a loan, we'll give you a "Good Faith Estimate" of your closing costs. The closing costs enumerated 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 the Good Faith Estimate (GFE) and closing. We go over Good Faith Estimates with buyers every day, so we are happy to answer your questions about closing costs.
Below you'll find a fairly generic list of closing costs. We will provide a specific list of your closing costs when we deliver your Good Faith Estimate.
Standard Closing Costs
Various TaxesCosts related to "originating" your loan Points — lower your interest rate (optional) Appraisal Fee Credit Report Interest Payment Escrow Account
InsuranceRecording Fees & Transfer Taxes
Private Mortgage Insurance (PMI) Title Insurance Flood or Earthquake Insurance
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.