Don't Forget Closing Costs

Every home sale involves fixed costs. Buyers and sellers usually split these closing costs, as the sales contract specifies.

Many of the closing costs associated with buying a house are associated with getting a mortgage loan. Since New Millennium Mortgage Co. NMLS: 331173 has extensive experience with closings and mortgages, we are closing cost experts.

Loan Estimates (LEs)

Soon after you submit your application, we'll provide you with the "Loan Estimate" of your closing costs. We base this cost estimate on our many years of past experience. Please note that while our LEs are very precise, we cannot always estimate costs to the penny. We will be glad to review the "Loan Estimate," answering your questions and pointing out costs that can change slightly at the closing table.

We've provided a general list of these costs below, but we'll provide you a specific list of closing costs, with amounts, soon after you complete your application. At New Millennium Mortgage Co. NMLS: 331173, we don't believe in surprises, so if your costs change, we will be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs

• Taxes
• Loan Origination Fee
• Points — lower your mortgage interest rate (optional)
• Appraisal Fee
• Pulling Your Credit Report
• Up-front Interest Payment
• Escrow Fees

Property Taxes

• Insurance
• Transfer Taxes and Recording Fees

Homeowners Insurance

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

New Millennium Mortgage Co. NMLS: 331173 can answer questions about these closing costs. Give us a call: (941) 366-5800.