There are certain standard costs related to closing the sale of a house. Sellers and buyers usually share these costs, as specified in the sales contract.
As indicated below, many of the buyer's costs cover the costs of getting the loan. At America's Mortgage Link, Inc. NMLS#210275, we are highly experienced in mortgage lending, so we can provide you with a comprehensive report on mortgage-related costs in your "Good Faith Estimate".
Buyers get a "Good Faith Estimate" of closing costs around the time the loan application is submitted to the lender. This cost estimate is based on our past experience. Please note that while our GFEs are very accurate, we cannot always predict costs to the penny. We will be glad to review the "Good Faith Estimate," answering your questions and pointing out costs that sometimes change slightly at closing.
Below you'll find a fairly general list of costs for buying residential real estate. We will always provide a specific list of your closing costs when we give you a Good Faith Estimate.
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