Every home sale incurs fixed costs. Sellers and buyers almost always share these closing costs, as the sales contract specifies.
As indicated below, many of the costs result from getting your mortgage. Since Carter Financial Solutions is highly experienced with closings & mortgages, we often explain the details of closing costs.
Soon after you apply for a loan, we'll provide you with a "Loan Estimate" of your costs. We base this cost estimate on our many years of past experience. Please note that while our LEs are very accurate, we can't always predict costs to the penny. We will be glad to review the "Loan Estimate," answering questions and pointing out costs that can vary a little bit at the closing table.
Below is a general list of closing costs. We will always provide a specific list of your closing costs when we provide your Loan Estimate.
Standard Closing Costs
Escrow Fees Various TaxesCosts related to "originating" your loan Points — A fee paid to lower your interest rate (optional) Appraisal Costs Getting Your Credit Report Interest Payment
Transfer Taxes & Recording Fees Insurance
Flood / Earthquake Insurance Private Mortgage Insurance (PMI) Title Insurance
Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.