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  •  Refinacing Options
  •  When to refinance
  •  How much you can afford?
  •  Down Payment
  •  Gift as downpayment
  •  Debt to income ratios
  •  Should you buy points?
  •  Private Mortgage Insurance
  •  Eliminating PMI
  •  Rates and A.P.R.
  •  Fixed vs Adjustable rate
  •  Financing Closing Cost
  •  Loan Related Costs
  •  Types of Taxes
  •  Types of Insurance
  •  Pay Your Loan Early
  •  Bi-weekly Mortgage
  •  Title Insurance
  •  How to hold title?
  •  How escrow works?
  •  Living Trust
  •  Mortgage Tuneup
  •  Mortgage saving tips

 

Closing Costs

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.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender.

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


Check out online banking service for following banks:

  •  Bank of America
  •  Bank One
  •  Chase Bank
  •  CitiBank
  •  Union Bank of California
  •  US Bank
  •  Washington Mutual Bank
  •  Wachovia Bank
  •  Wellsfargo Bank



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