About Closing Costs

Every home sale involves certain costs. Sellers and buyers usually share these closing costs, as the sales contract specifies.

Many of the closing costs associated with buying a home are associated with getting a mortgage. At Price Mortgage Group LLC, we are highly experienced in residential mortgage lending, so we can compile a comprehensive list of mortgage-related closing costs in your "Loan Estimate".

Loan Estimates (LEs)

Buyers will get a "Loan Estimate" of closing costs at the time the loan application is submitted to the lender. The closing costs enumerated in the Loan Estimate are estimated based on our experience with mortgage loans, but costs usually vary a little bit between delivery of the LE and closing. We handle buyers' questions about closing costs every day at Price Mortgage Group LLC, so please be sure to ask if we can help answer your questions.

Below is a fairly general list of closing costs. We will provide a specific list of your closing costs when we provide your Loan Estimate.

Standard Closing Costs

Loan-Related Costs
  • Loan-related costs
  • Points — These are costs you pay up-front to lower your mortgage interest rate (optional)
  • Appraisal Costs
  • Obtaining Your Credit Report
  • Up-front Interest Payment
  • Escrow Account
  • Various Taxes
Property Taxes
  • Recording Fees and Transfer Taxes
  • Insurance
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood / Earthquake Insurance

At Price Mortgage Group LLC, we answer questions about closing costs every day. Call us: 405-513-7700.

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