Your Closing Costs
In the market for a mortgage loan? We can assist you! Give us a call at (203) 729-6681. Ready to begin? Apply Here
"Closing Costs" are the fees which cover various services involved when you sell or buy a home. Buyers and sellers often negotiate to decide how to share these closing costs.
Many of the closing costs associated with buying a house are associated with getting a mortgage loan. At Amity Mortgage LLC, we have extensive experience in mortgage lending, so we can provide you with a comprehensive report on mortgage-related closing costs in your "Good Faith Estimate".
The Good Faith Estimate (Also know as the GFE)
Soon after you submit your application, we will provide you with a "Good Faith Estimate" of your costs. We base this closing cost estimate on our extensive past experience. It's important to note that while our GFEs are very accurate, we can't always estimate your costs to the penny. We will be glad to review the "Good Faith Estimate," answering 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'll give you a specific list of closing costs, with amounts, very soon after you complete your application. At Amity Mortgage LLC, we don't believe in surprises, so if your costs change, we will be sure to let you know immediately.
Standard Closing Costs
- Various Taxes
- Loan Origination Fee
- Points — A fee paid to lower your interest rate (optional)
- Appraisal Costs
- Obtaining Your Credit Report
- Up-front Interest Payment
- Escrow Account
- Transfer Taxes and Recording Fees
- Private Mortgage Insurance (PMI)
- Title Insurance
- Flood or Quake Insurance if applicable
Amity Mortgage LLC can answer questions about these closing costs. Give us a call: (203) 729-6681.