What are Closing Costs?

Certain standard costs are related to closing the sale of a house. Sellers and buyers almost always share these costs, as specified in the real estate sales contract.

Many of the closing costs associated with buying a home are associated with getting a mortgage loan. Since Home Pointe Mortgage Company is highly experienced with closings and mortgages, we are closing cost experts.

Loan Estimate (Also known as the LE)

Soon after you apply for a loan, we'll provide you with a "Loan Estimate" of your closing costs. We base this cost estimate on our extensive past experience. Please note that while our LEs are very precise, we can't always predict closing costs to the penny. We answer questions about these costs every day at Home Pointe Mortgage Company, so don't hesitate to ask 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, very soon after you have completed your application. At Home Pointe Mortgage Company, 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
  • Obtaining YourCredit Report
  • Up-front Interest Payment
  • Escrow Account
  • Taxes
  • Loan-related costs
  • Points — A fee paid to lower your mortgage interest rate (optional)
  • Appraisal Costs
Property Taxes
  • Transfer Taxes & Recording Fees
  • Insurance
Homeowners Insurance
  • Flood or Quake Insurance if applicable
  • Private Mortgage Insurance (PMI)
  • Title Insurance

At Home Pointe Mortgage Company, we answer questions about closing costs every day. Give us a call: 7702202800.


Home Pointe Mortgage Company

3235 Shallowford Rd. NE,
Chamblee , Georgia 30341