Closing Costs for Home Real Estate Transactions

Shopping for a mortgage? We can assist you! Call us at (214) 736-9466. Want to get started? Apply Here.

"Closing Costs" are the fees which cover various services involved in the sale of a home. Buyers & sellers usually negotiate the payment of these costs.

As indicated below, many of the buyer's costs are related to the costs of getting the mortgage loan. Since Primary Residential Mortgage, Inc. has extensive experience with closings & mortgages, we are closing cost experts.

Good Faith Estimates (GFEs)

Buyers get a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The closing cost estimate comes out of the loan officer's past experience. It's important to note that while our GFEs are very precise, we cannot always predict your costs to the penny. We will be glad to review the "Good Faith Estimate," answering questions and pointing out costs that can vary a little bit at the closing table.

We've provided a general list of these costs below, but we will provide you a specific list of closing costs, with amounts, very soon after you complete your loan application. At Primary Residential Mortgage, Inc., we don't believe in surprises, so if your costs change, we will be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs
  • Appraisal Fee
  • Credit Report
  • Up-front Interest Payment
  • Escrow Fees
  • Various Taxes
  • Loan Origination Fee
  • Points — lower your mortgage interest rate (optional)
Property Taxes
  • Insurance
  • Recording Fees and Transfer Taxes
Homeowners Insurance
  • Title Insurance
  • Flood / Earthquake Insurance if applicable
  • Private Mortgage Insurance (PMI)
At Primary Residential Mortgage, Inc., we answer questions about closing costs every day. Give us a call at (214) 736-9466.