Your Closing Costs

All residential real estate transactions incurs certain fixed costs. Sellers and buyers almost always split these costs, as the real estate sales contract specifies.

As you'll see below, many of the buyer's closing costs cover the costs of originating the mortgage loan. Since America's Money Source has extensive experience with mortgages and closings, we are closing cost experts.

Loan Estimates (LEs)

Soon after you apply for a loan, we will provide you with the "Loan Estimate" of your costs. The closing costs spelled out in the Loan Estimate are estimated based on our experience with mortgage loans, but costs often change a little bit between the LE and closing. We go over LEs with buyers every day, so we will be happy to answer your questions about closing costs.

We've provided a general list of these costs below, but we'll give you a specific list of closing costs, with amounts, soon after you complete your application. At America's Money Source, 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
  • Various Taxes
  • Loan-related costs
  • Points — lower your interest rate (optional)
  • Appraisal Fee
  • Credit Report
  • Up-front Interest Payment
  • Escrow Account
Property Taxes
  • Transfer Taxes & Recording Fees
  • Insurance
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood or Earthquake Insurance

At America's Money Source, we answer questions about closing costs every day. Call us: 4078987559.


America's Money Source

2306 Curry Ford Rd
Orlando, FL 32806