Closing Costs

Certain standard costs are related to closing the sale of a home. Buyers and sellers usually share these closing costs, as specified in the sales contract.

As indicated below, many of the closing costs result from getting your loan. Since Price Mortgage Group LLC has extensive experience with closings and mortgages, we are closing cost experts.

The Loan Estimate (LE)

Buyers get a "Loan Estimate" of closing costs around the time the loan application is submitted to the lender. The closing costs specified in the Loan Estimate are estimated based on Price Mortgage Group LLC's experience with mortgage loans, but costs usually vary by small amounts between the LE and closing. We answer questions about these costs every day at Price Mortgage Group LLC, so please be sure to contact us if you have questions.

We've provided a general list of these costs below, but we will provide you a specific list of closing costs, with amounts, very soon after you have completed your loan application. At Price Mortgage Group LLC, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs
  • Taxes
  • Costs associated with "originating" your loan
  • Points — A fee paid to lower your interest rate (optional)
  • Appraisal Fee
  • Pulling Your Credit Report
  • Up-front Interest Payment
  • Escrow Fees
Property Taxes
  • Insurance
  • Transfer Taxes & Recording Fees
Homeowners Insurance
  • Flood or Quake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance

Price Mortgage Group LLC can help you understand closing costs. Call us at 405-513-7700.

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