Mortgage Express

                                      Closing Costs

There are certain standard closing costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time of loan application.   The estimate is based on my past experience and may not include all the closing costs.   Remember...this is only an initial estimate based off the information we have NOW ....your loan may change down the road, we will make adjustments as we go along & different variables are finalized.  There will be a final Good Faith Estimate &  TIL in your final closing papers that reflects the actual transaction.  

BC Ryan Mortgage Express fees:

1% origination - can be pd by borrower or by investor (YSP) with a slightly higher interest rate.

$500.00 - processing fee

Investor fees:

These fees vary depending on the investor, they usually range between $800 to $1,000.00

Appraisal - Credit report  - Flood Cert

       $375                      $16.75                        $9