Your Closing Costs "Closing Costs" are the fees that cover various services involved in the sale of a home. Sellers and buyers negotiate to determine who will pay different portions of these closing costs. Many of the closing costs associated with buying a home are associated with getting a mortgage. Since 1st Credential Mortgage Inc is highly experienced with closings & mortgages, we are closing cost experts. Loan Estimates (LEs) Very soon after you apply for a loan, we will give you a "Loan Estimate" of your closing costs. This cost estimate is based on our past experience. Please note that while our LEs are very accurate, we can't always estimate your costs to the penny. We field questions about closing costs every day at 1st Credential Mortgage Inc, so don't hesitate to ask if we can help answer your questions. We've provided a general list of closing costs below, but we'll provide you a specific list of closing costs, with amounts, very soon after you complete your application. At 1st Credential Mortgage Inc, 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 Various TaxesLoan-related costs Points — A fee paid to lower your interest rate (optional) Appraisal Costs Pulling Your Credit Report Up-front Interest Payment Escrow Fees Property Taxes Insurance Transfer Taxes and Recording Fees Homeowners Insurance Title Insurance Flood or Earthquake Insurance Private Mortgage Insurance (PMI) 1st Credential Mortgage Inc can help you understand closing costs. Give us a call: (281) 778-0805. Got a Question? 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. Your Information * Name: * Email: Phone: Your Question Question: SMS Messaging: By checking the box, you agree that 1st Credential Mortgage Inc may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply. Submit