Every home sale incurs costs. Buyers and sellers customarily split these closing costs, as specified in the real estate sales contract.
As the list below indicates, many of the costs result from getting your mortgage. At Greystone Loans, Inc., we have extensive experience in residential mortgage lending, so we can provide you with a comprehensive report on closing costs related to your mortgage in your "Loan Estimate".
Soon after you apply for a loan, we'll give you the "Loan Estimate" of your closing costs. The closing costs spelled out in the Loan Estimate are estimated based on Greystone Loans, Inc.'s experience with mortgage loans, but costs often vary a little bit between the LE and closing. We will be glad to review the "Loan Estimate," answering your questions and pointing out costs that can change slightly at closing.
Below you'll find a generic list of closing costs. We will provide you with a specific list of your closing costs when we provide your Loan Estimate.
Standard Closing Costs Loan-Related Costs Costs related to "originating" your loan Points — lower your mortgage interest rate (optional) Appraisal Fee Getting Your Credit Report Up-front Interest Payment Escrow Fees Taxes Property Taxes Transfer Taxes & Recording Fees Insurance Homeowners Insurance Private Mortgage Insurance (PMI) Title Insurance Flood / Quake Insurance
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.