Closing Costs

CreditReport.com

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. For those of you that qualify for our New Zero4Heroes Program, you can expect to see an incredible saving when it come to closing costs with this program.

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 (Waived For Zero4Hero Program)
  • 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

 

Loans4Heroes Inc.

P.O. Box 31 Hermosa Beach, CA 90254

Phone: 888-242-5282

Fax: 888-242-5282


Loans4heroes ® and "The New Zero4Heroes Program" 53 9th Street 1st Floor P.O. Box 31 Hermosa Beach, CA 90254-4107
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