There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.
I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.
It is possible to have a "No Closing Cost Option" and we will waive all fees associated with the mortgage. call and ask about a "No Cost Loan".
We typically do not require an application fee and most times you will only be required to pay an application fee when you are wanting a Rate-Lock that is in excess of 60-Days
Good Faith Estimate
Buyers will receive a "Good Faith Estimate" of Closing Costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.
