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.

We will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on our past experience and may not include all the closing costs. We will be glad to review the "Good Faith Estimate," answering any and all questions. 

Standard Closing Costs

Loan-Related Costs

  • Loan Origination Fee
  • Title Company Fees
  • Appraisal Fee
  • Escrow Account

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance

  • Homeowners Insurance
  • Flood Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance

 

A Kansas licensed mortgage company, #MC.0002218-BR.001.  Also licensed in Missouri.   NMLS# 3981.


Alpha Mortgage, LLC 536 SE 291 Highway Lee's Summit, MO 64063
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