Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split betien the buyer and the seller, as spelled out in the sales contract.

As our trusted real estate professionals negotiate the sales contract for you, 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.

At Kalamazo Mortgage will walk you through the closing costs, anwering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

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," ansiring questions and highlighting missing costs and estimates i believe to be low.

Standard Closing Costs

Loan-Related Costs

  • Loan Origination Fee
  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • interest Payment
  • Escrow Account

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

insurance

  • Homeowners insurance
  • Flood or Quake insurance
  • Private Mortgage insurance (PMI)
  • Title insurance

 

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.
 
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Kalamazoo Mortgage 2415 S 11th St Kalamazoo, MI 49009-2197
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