Your Closing Costs

All residential real estate transactions incurs certain fixed costs. Sellers and buyers customarily split these costs, as specified in the real estate sales contract.

As the list below indicates, many of the closing costs result from getting your mortgage loan. At Southwest Funding #841
Company NMLS # 303440, we have extensive experience in mortgage lending, so we can compile a comprehensive report on mortgage-related costs in your "Loan Estimate".

Loan Estimate (LE)

Very shortly after you apply for a loan, we will provide you with the "Loan Estimate" of your costs. The closing costs enumerated in the Loan Estimate are estimated based on Southwest Funding #841
Company NMLS # 303440's experience with mortgage loans, but costs often change a little bit between the Loan Estimate (LE) and closing. We will be glad to review the "Loan Estimate," answering your questions and pointing out costs that can change slightly at the closing table.

We've provided a general list of these costs below, but we will provide you a specific list of closing costs, with amounts, soon after you have completed your loan application. At Southwest Funding #841
Company NMLS # 303440, 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

• Pulling YourCredit Report
• Interest Payment
• Escrow Fees
• Various Taxes
• Costs related to "originating" your loan
• Points — lower your mortgage interest rate (optional)
• Appraisal Costs

Property Taxes

• Insurance
• Transfer Taxes & Recording Fees

Homeowners Insurance

• Flood or Quake Insurance if applicable
• Private Mortgage Insurance (PMI)
• Title Insurance

Southwest Funding #841
Company NMLS # 303440 can answer questions about these closing costs. Call us at 5122916100.