closing costs

Need Help? 800.772.1193 or 404.814.4634

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.

If you are refinancing there are a few options to chose from depending on your loan amount. If you loan is below $200.000 some of your options may be limited.

• Basic Closing Costs - Best Rate
• No Lender Fee Programs - Good Rate
• No lender and Attorney Closing Cost ( Any State and Federal taxes and Insurance is not a Closing Cost and must be paid out of closing) - Minimum Loan size: $175,000

Purchase Financing:

As we negotiate the sales contract for you, we will not only work to get the sales price you want, We will also work to limit the number of closing costs for which you will be responsible.

Our FHA Loan will allow the seller of the home to pay up to 6% of the sales price of the home for the closing costs. In most cases on a purchase, we work along with your realtor  to get the seller to pay ALL Closing costs.

Depending on the loan size, we recommend 3.5 to 4% to be covered by the seller. That would equate to you, the borrower having all your taxes, Insurance and any closing costs covered at closing, paid by the seller.

We 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.

We do recommend when buying a home, "Owners Title Insurance" - It may increase your closing cost but it may save you later - Click Here for the estimate

Ask us about our Rate and Closing Costs Guarantee

Good Faith Estimate or "Estimate of Costs"

Buyers will receive a "Estimate of Costs " 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 "Estimate of Costs," answering questions and highlighting missing costs and estimates I believe to be low.

 We have the No closing cost option. Contact your Loan advisor for more information.