Closing Costs

There are certain standard costs associated with closing a real estate loan. In a purchase, these fees are split between the buyer and the seller, as spelled out in the sales contract. In a refinance, the closing costs are usually paid with the loan proceeds.

I will walk you through the closing costs on whatever loan you chose, answering any questions you may have.

Good Faith Estimate

You will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is just that and may not include all the closing costs.

Standard Closing Costs

Loan-Related Costs

  • Loan Origination Fee
  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance

  • Homeowners Insurance
  • Flood or Quake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance


Long Valley Mortgage, LLC P.O. Box 2016 McCall, ID 83638
Phone: Fax:

Contact Us | Closing Costs | Download Adobe Acrobat | Tell a Friend | Home | Site Map | Loan Application | The Loan Process | Fixed Vs. Adjustable | Improve Your Credit Score | Getting Qualified | Loan Application Info | What is a credit score? | Rate Lock Periods | Refinancing Options | ARM Calc | Fixed Rate Mtg Calc | ARM vs Fixed Rate Calc | Mortgage Qualifier Calc | Required Income Calc | Rent vs Buy Calc | Refi Breakeven Calc | Mortgage Calculators | Customer Login | Our Service Area | Interest Only Calc | Homeowner Deductions | Debt-to-Income Ratios | Home Equity Lines of Credit | Second Mortgages | Mortgage Tuneup

Copyright © 2008 Long Valley Mortgage, LLC
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map