Your Closing Costs

"Closing Costs" are the fees which pay for the various services involved when you sell or buy a home. Sellers & buyers negotiate these closing costs.

As indicated below, many of the buyer's closing costs are related to the costs of originating the mortgage loan. Since Diamond Mortgage, LLC has extensive experience with closings & mortgages, we are closing cost experts.

Loan Estimates (LEs)

Buyers will get a "Loan Estimate" of closing costs around the time the loan application is submitted to the lender. We base this closing cost estimate on our many years of past experience. Please note that while our LEs are very accurate, we can't always estimate costs to the penny. We will be glad to review the "Loan Estimate," answering your questions and highlighting costs that sometimes change slightly at closing.

Below you'll find a general list of costs for buying a home. We will provide you with a specific list of your closing costs when we deliver your Loan Estimate.

Standard Closing Costs

Loan-Related Costs

• Points — lower your interest rate (optional)
• Appraisal Fee
• Getting Your Credit Report
• Interest Payment
• Escrow Account
• Taxes
• Costs related to "originating" your loan

Property Taxes

• Recording Fees and Transfer Taxes
• Insurance

Homeowners Insurance

• Flood / Earthquake Insurance if applicable
• Private Mortgage Insurance (PMI)
• Title Insurance

At Diamond Mortgage, LLC, we answer questions about closing costs every day. Call us: 3178427744.