Every home sale incurs certain costs. Buyers and sellers almost always share these closing costs, as specified in the sales contract.
Many of the closing costs associated with buying a home are associated with getting the loan. Since Foxfield Financial has extensive experience with mortgages & closings, we are closing cost experts.
Very soon after you apply for a loan, we'll provide you with the "Loan Estimate" of your costs. The cost estimate is based on the loan officer's past experience. Please note that while our LEs are very precise, we cannot always estimate your costs to the penny. We go over Loan Estimates with buyers every day, so we are happy to answer any questions you have about closing costs.
We've provided a general list of these costs below, but we'll give you a specific list of closing costs, with amounts, soon after you complete your loan application. At Foxfield Financial, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.
Standard Closing Costs Loan-Related Costs Interest Payment Escrow Fees TaxesLoan-related costs Points — lower your interest rate (optional) Appraisal Fee Obtaining YourCredit Report Property Taxes InsuranceRecording Fees & Transfer Taxes Homeowners Insurance Private Mortgage Insurance (PMI) Title Insurance Flood / Earthquake Insurance
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.