Certain standard costs are associated with closing the sale of a home. Buyers and sellers almost always split these closing costs, as specified in the real estate sales contract.
Many of the closing costs associated with buying a house are associated with getting a mortgage. At Bancmart Mortgage Network, Inc., we have extensive experience in mortgage lending, so we can provide you with a comprehensive list of mortgage-related costs in your "Loan Estimate".
Soon after you submit your application, we'll give you a "Loan Estimate" of your costs. The cost estimate comes out of our past experience. It's important to note that while our LEs are very accurate, we can't always predict closing 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 fairly generic list of costs for buying residential real estate. We will always provide you with a specific list of your closing costs when we deliver your Loan Estimate.
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