Your Closing Costs

"Closing Costs" are the fees which cover the various services involved when you sell or buy a home. Sellers and buyers almost always negotiate to determine who will pay different portions of these costs.

Many of the closing costs associated with buying residential real estate are associated with getting the mortgage. Since Southwest Funding #841 has extensive experience with closings and mortgages, we are closing cost experts.

Loan Estimates (LEs)

Buyers get a "Loan Estimate" of closing costs around the time the loan application is submitted to the lender. The closing costs enumerated in the Loan Estimate are estimated based on Southwest Funding #841's experience with mortgage loans, but costs often vary by small amounts between delivery of the LE and closing. We handle questions about closing costs every day at Southwest Funding #841, so don't hesitate to contact us if you have questions.

Below you'll find a fairly general list of costs for buying a home. We will always provide you with a specific list of your closing costs when we deliver your Loan Estimate.

Standard Closing Costs

Loan-Related Costs
  • Loan Origination Fee
  • Points — These are costs you pay up-front to lower your mortgage interest rate (optional)
  • Appraisal Costs
  • Credit Report
  • Up-front Interest Payment
  • Escrow Account
  • Various Taxes
Property Taxes
  • Insurance
  • Transfer Taxes and Recording Fees
Homeowners Insurance
  • Flood or Quake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance

Southwest Funding #841 can answer questions about these closing costs. Give us a call: (512) 291-6100.

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
Your Question

Southwest Funding #841
Company NMLS # 303440

Your Mortgage Loan Expert

7901 Cameron Road Bldg 2 Ste 246
Austin, TX 78754