Your Closing Costs

Certain standard costs are associated with closing the sale of a house. Sellers and buyers usually share these closing costs, as the sales contract specifies.

Many of the costs associated with buying a home are associated with getting the mortgage loan. At Primemax Mortgage Group, NMLS#195523, we are highly experienced in mortgage lending, so we can compile a comprehensive list of costs related to your mortgage in your "Loan Estimate".

The Loan Estimate (LE)

Buyers will receive a "Loan Estimate" of closing costs at the time the loan application is submitted to the lender. The cost estimate is based on the loan officer's past experience. Please note that while our LEs are very accurate, we cannot always estimate your closing costs to the penny. We field buyers' questions about closing costs every day at Primemax Mortgage Group, NMLS#195523, so don't hesitate to ask if you have questions.

Below you'll find a fairly general list of closing costs. We will provide you with a specific list of your closing costs when we provide 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 Fee
  • Credit Report
  • Interest Payment
  • Escrow Account
  • Taxes
Property Taxes
  • Recording Fees & Transfer Taxes
  • Insurance
Homeowners Insurance
  • Title Insurance
  • Flood / Quake Insurance if applicable
  • Private Mortgage Insurance (PMI)

Primemax Mortgage Group, NMLS#195523 can answer questions about these closing costs. Give us a call: 2565439211.

Mortgage Questions?

Do you have a question regarding a mortgage program?

Contact Information
Your Question
By checking the box, you agree that Primemax Mortgage Group, NMLS#195523 may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.

Primemax Mortgage Group, NMLS#195523

311 West Grand Ave
Rainbow City, AL 35906