Don't Forget Closing Costs

Are you looking for a new mortgage loan? We will be glad to help! Give us a call at 714-891-0266. Ready to begin? Apply Here.

There are certain standard costs associated with closing the sale of a home. Buyers and sellers usually split these closing costs, as the sales contract specifies.

Many of the costs associated with buying a house are associated with getting a loan. At Excalibur Mortgage Corporation, we are highly experienced in mortgage lending, so we can compile a comprehensive report on costs related to your mortgage in your "Good Faith Estimate".

Good Faith Estimates (GFEs)

Very soon after you apply for a loan, we'll provide you with a "Good Faith Estimate" of your costs. The closing costs enumerated in the Good Faith Estimate are estimated based on our experience with mortgage loans, but costs often change a little bit between the GFE and closing. We answer questions about these costs every day at Excalibur Mortgage Corporation, so please be sure to ask if you have questions.

Below you'll find a fairly generic list of closing costs. We will provide you with a specific list of your closing costs when we give you a Good Faith Estimate.

Standard Closing Costs

Loan-Related Costs
  • Escrow Fees
  • Various Taxes
  • Costs associated with "originating" your loan
  • Points — lower your mortgage interest rate (optional)
  • Appraisal Costs
  • Obtaining Your Credit Report
  • Interest Payment
Property Taxes
  • Transfer Taxes & Recording Fees
  • Insurance
Homeowners Insurance
  • Flood / Earthquake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
At Excalibur Mortgage Corporation, we answer questions about closing costs every day. Give us a call: 714-891-0266.