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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.
As I negotiate the sales contract for you, I will not only
work to get the sales price you want, I will also work to limit the number of
closing costs for which you will be responsible.
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.
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.
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
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HomeLoans Inc. and HLI Mortgage are family owned businesses headquartered in Canyon Lake California. We also have offices in Rancho Bernardo, Perris California and Northern Michigan. While we offer a vast number of mortgage products to meet the unique needs of our clients, we take pride in giving each client personal service. We recognize the fact that many of our clients are new to the mortgage process and may need additional help getting from start to finish. That is why everyone on the HLI team is committed to being available to our clients. For more information of our the various products we have and services we offer simply click on the "Products & Services" tab. If you would like to speak directly to the President of HLI simply call him at: 1 951 712 5070.
Hal Ballew, Broker HomeLoans Inc. is proud to recommend HomePros Real Estate and Southern California Escrow Inc. For more information on these fine companies contact me.
HomeLoans Inc 31534 Railroad Canyon Rd CA Dept of Real Estate Broker 01250414 Canyon Lake, CA 92587
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