There are certain standard costs related to closing the sale of a house. Sellers and buyers customarily share these closing costs, as specified in the real estate sales contract.
As the list below indicates, many of the costs result from getting your loan. At Carter Financial Solutions, we are highly experienced in mortgage lending, so we can compile a comprehensive list of costs related to your mortgage in your "Loan Estimate".
Soon after you apply for a loan, we will provide you with the "Loan Estimate" of your costs. We base this closing cost estimate on our many years of past experience. Please note that while our LEs are very accurate, we can't always estimate your closing costs to the penny. We will be glad to review the "Loan Estimate," answering questions and highlighting costs that can vary a little bit at closing.
Below is a fairly general list of costs for buying a home. We will always provide a specific list of your closing costs when we provide your Loan Estimate.
Standard Closing Costs
Escrow Account TaxesCosts associated with "originating" your loan Points — These are costs you pay up-front to lower your mortgage interest rate (optional) Appraisal Costs Getting Your Credit Report Interest Payment
Recording Fees and Transfer Taxes Insurance
Flood or Earthquake Insurance if applicablePrivate 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.