Your Closing Costs

"Closing Costs" are the fees which pay for various services involved in the sale of a house. Buyers & sellers almost always negotiate the payment of these costs.

Many of the closing costs associated with buying residential real estate are associated with getting the mortgage loan. Since Statewide Funding is highly experienced with closings and mortgages, we often explain the details of closing costs.

Loan Estimate (Also known as the LE)

Soon after you apply for a loan, we'll give you the "Loan Estimate" of your costs. The closing costs enumerated in the Loan Estimate are estimated based on our experience with mortgage loans, but costs usually vary a little bit between the Loan Estimate (LE) and closing. We handle buyers' questions about closing costs every day at Statewide Funding, so please be sure to contact us 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 deliver your Loan Estimate.

Standard Closing Costs

Loan-Related Costs
  • Credit Report
  • Up-front Interest Payment
  • Escrow Fees
  • Various Taxes
  • Loan-related costs
  • Points — lower your interest rate (optional)
  • Appraisal Fee
Property Taxes
  • Recording Fees & Transfer Taxes
  • Insurance
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood / Earthquake Insurance if applicable

Statewide Funding can help you understand closing costs. Give us a call at (415) 456-7802.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question