About Closing Costs

Certain standard costs are associated with closing the sale of a house. Buyers and sellers usually share these closing costs, as specified in the real estate sales contract.

Many of the costs associated with buying a home are associated with getting a loan. Since Carter Financial Solutions is highly experienced with closings & mortgages, we often explain the details of closing costs.

The Loan Estimate (Also known as the LE)

Soon after you submit your application, we'll give you the "Loan Estimate" of your costs. The closing cost estimate comes out of our past experience. Please note that while our LEs are very accurate, we can't always estimate your closing costs to the penny. We answer questions about these costs every day at Carter Financial Solutions, so please feel free to ask if we can help answer your questions.

We've provided a general list of closing costs below, but we will give you a specific list of closing costs, with amounts, soon after you complete your application. At Carter Financial Solutions, 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
  • Interest Payment
  • Escrow Fees
  • Taxes
  • Costs related to "originating" your loan
  • Points — A fee paid to lower your interest rate (optional)
  • Appraisal Fee
  • Credit Report
Property Taxes
  • Recording Fees & Transfer Taxes
  • Insurance
Homeowners Insurance
  • Title Insurance
  • Flood or Quake Insurance if applicable
  • Private Mortgage Insurance (PMI)

Carter Financial Solutions can help you understand closing costs. Give us a call: 8668408745.

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Carter Financial Solutions

2291 W. March Ln Suite A100
Stockton, CA 95207