There are certain standard costs related to closing the sale of a house. Sellers and buyers almost always split these closing costs, as the sales contract specifies.
As the list below indicates, many of the closing costs result from getting your mortgage. Since Wize Mortgage LLC is highly experienced with mortgages & closings, we are closing cost experts.
Soon after you submit your application, we will give you the "Loan Estimate" of your closing costs. The cost estimate comes out of our past experience. It's important to note that while our LEs are very precise, we can't always estimate your closing costs to the penny. We explain Loan Estimates with buyers almost every day, so we'd be glad to answer your questions 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, very soon after you complete your application. At Wize Mortgage LLC, 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 Account Various TaxesLoan Origination Fee Points — A fee paid to lower your mortgage interest rate (optional) Appraisal Costs Credit Report Property Taxes Recording Fees & Transfer Taxes Insurance Homeowners Insurance Title Insurance Flood / Earthquake Insurance if applicablePrivate Mortgage Insurance (PMI)
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.