Closing Costs - Pacific Mortgage Consultants, Inc. Novato CA

Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

I will walk you through the closing costs, answering any questions you may have.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at within three days of signing the loan application. I will go over this in detail so that you understand all the fees and to whom they are paid.

Standard Closing Costs

Loan-Related Costs

Loan Origination Fee
Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account, if required
Processing Fee

Taxes & Insurance

Property Taxes
Transfer Taxes and Recording Fees
Homeowners' Insurance
Flood or Quake Insurance, if required
Private Mortgage Insurance, if required

Title & Escrow Fees

Escrow Fee
Title Insurance (Owners' and Lender's)
Notary, Wire, Courier, Document Preparation Fees
Recording Fees

Other fees may be required, depending on each individual transaction and the county in which the property is bought or sold.

Sharon Begovich is a licensed Mortgage Loan Originator , California Department of Real Estate, License Number 01190720. NMLS License #279058

Pacific Mortgage Consultants, Inc. is also licensed through the California Department of Real Estate, License Number 01378482.