Closing Costs for Home Real Estate Transactions

There are certain standard costs related to closing the sale of a house. Sellers and buyers usually split these costs, as specified in the real estate sales contract.

As the list below indicates, many of the closing costs result from getting your mortgage. Since Home Pointe Mortgage Company has extensive experience with closings & mortgages, we often explain the details of closing costs.

Loan Estimates (LEs)

Buyers will receive a "Loan Estimate" of closing costs around the time the loan application is submitted to the lender. The closing costs enumerated in the LE are estimated based on Home Pointe Mortgage Company's experience with mortgage loans, but costs often vary a little bit between delivery of the LE and closing. We handle buyers' questions about these costs every day at Home Pointe Mortgage Company, so don't hesitate to ask if we can help answer your questions.

Below is a generic list of costs for buying residential real estate. We will always provide you with a specific list of your closing costs when we give you a Loan Estimate.

Standard Closing Costs

Loan-Related Costs
  • Escrow Account
  • Taxes
  • Costs associated with "originating" your loan
  • Points — These are costs you pay up-front to lower your interest rate (optional)
  • Appraisal Costs
  • Credit Report
  • Up-front Interest Payment
Property Taxes
  • Transfer Taxes and Recording Fees
  • Insurance
Homeowners Insurance
  • Flood / Earthquake Insurance if applicable
  • Private Mortgage Insurance (PMI)
  • Title Insurance

Home Pointe Mortgage Company can answer questions about these closing costs. Call us: 7702202800.


Home Pointe Mortgage Company

3235 Shallowford Rd. NE,
Chamblee , Georgia 30341