"Closing Costs" are the fees which cover various services involved in the sale of a home. Buyers and sellers often negotiate to decide how to share these costs.
As indicated below, many of the costs result from getting your loan. At Augusta Mortgage Solutions, we are highly experienced in mortgage lending, so we can provide you with a comprehensive report on closing costs related to your mortgage in your "Good Faith Estimate".
Soon after you submit your application, we'll give you a "Good Faith Estimate" of your costs. The closing costs enumerated in the Good Faith Estimate are estimated based on Augusta Mortgage Solutions's experience with mortgage loans, but costs usually change a little bit between the GFE and closing. We field questions about closing costs every day at Augusta Mortgage Solutions, so please be sure to contact us if we can help answer your questions.
We've provided a general list of these costs below, but we'll provide you a specific list of closing costs, with amounts, soon after you have completed your loan application. At Augusta Mortgage Solutions, we don't believe in surprises, so if your costs change, we will be sure to let you know immediately.
Standard Closing Costs
Up-front Interest Payment Escrow Account TaxesLoan-related costs Points — lower your interest rate (optional) Appraisal Fee Obtaining YourCredit Report
Recording Fees and Transfer Taxes Insurance
Private Mortgage Insurance (PMI) Title Insurance Flood or 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.