About Closing Costs

	Are you looking for a mortgage loan? We'd be thrilled to talk about your mortgage needs! Give us a call at 303-596-8672. Ready to begin? Apply Now.

Certain standard costs are associated with closing the sale of a home. Sellers and buyers customarily split these closing costs, as the sales contract specifies.

As the list below indicates, many of the costs result from getting your loan. At Anita Martinez-Trumm, we are highly experienced in residential mortgage lending, so we can compile a comprehensive report on costs related to your mortgage in your "Good Faith Estimate".

The Good Faith Estimate (GFE)

Soon after you submit your application, we'll give you a "Good Faith Estimate" of your costs. We base this closing cost estimate on our many years of past experience. Please note that while our GFEs are very accurate, we cannot always estimate your costs to the penny. We handle questions about these costs every day at Anita Martinez-Trumm, so please feel free to contact us if we can help answer your questions.

We've provided a general list of closing costs below, but we'll give you a specific list of closing costs, with amounts, soon after you complete your loan application. At Anita Martinez-Trumm, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs

• Credit Report
• Interest Payment
• Escrow Fees
• Various Taxes
• Costs associated with "originating" your loan
• Points — These are costs you pay up-front to lower your mortgage interest rate (optional)
• Appraisal Fee

Property Taxes

• Transfer Taxes & Recording Fees
• Insurance

Homeowners Insurance

• Private Mortgage Insurance (PMI)
• Title Insurance
• Flood or Quake Insurance if applicable

Anita Martinez-Trumm can answer questions about these closing costs. Call us: 303-596-8672.