Closing Costs for Home MortgageTransactions

Shopping for a mortgage? We can assist you! Give us a call today at 210-842-4185. Ready to get started? Apply Now.

"Closing Costs" are the fees which cover various services involved in the sale and purchase of residential real estate. Sellers and buyers typically negotiate who will pay different portions of these costs.

We will review typical closing costs according to the loan type that best fits your needs. 

We will work with estimates on your costs until you have a purchase agreement.  At that time, you will receive a "Good Faith Estimate" of closing costs based on a specific sales price and loan amount. The closing costs enumerated in the GFE are based on our experience with mortgage loans and our service providers, and costs will not vary much except with initial estimates for property taxes and insurances.  Of course, should there be a "change of circumstance," such as a change in loan type, loan amount, or sales price, we would issue a revised GFE.

Below is a fairly generic list of closing costs. We will always provide you with a specific list of your closing costs when we give you a Good Faith Estimate.

Standard Closing Costs

 

Loan-Related Costs
  • Escrow Fees
  • Taxes
  • Costs associated with "originating" your loan
  • Points — lower your interest rate (optional)
  • Appraisal Costs
  • Credit Report
  • Up-front Interest Payment
  • Title Company escrow fees
  • Title Insurance
  • Recording Fees
  • Survey 
Property Taxes
  • Pro-rated property taxes between seller and buyer 

Insurances

  • Homeowners insurance, flood insurance, or any other insurances required by the lender.

 

 

Directions Equity can help you understand closing costs. Give us a call at 210-842-4185.

Basic Pre-Approval

Get the Best Mortgage Rate!

Tell us a little about your current needs and we can use that
information to match you with just the right loan.
 
Tell us about your loan needs.
*Reason for loan (purch, refi, cash out):
*Value of property:
*Type of property:
*Amount you need to borrow:
Type of loan wanted (30 Yr, 15 Yr, ARM, Int. Only):

How can we get in touch with you?
*Name:
*Email:
Phone:
Address:
City:
*State:

Tell us about your credit history.
*Credit History (Excellent, Good, Average, Poor):

Note: Fields with an * are required

Our Mission is to help you find the best mortgage program for your short and long-term goals.  The loan process can be intimidating and frustrating, and there are many new disclosure forms that can be confusing.  Barbara and Don Coker promise a level of personal service that you can't get through an anonymous internet lender.  We are Texas residents, and both Affiliates of the Year at the San Antonio Board of Realtors.   Our 25+ years of service to Texas Homeowners speaks to our commitment and professionalism.  Call us at 210-842-4185 for honest advice.  We are here for you!


Directions Equity Home Loan 18730 Stone Oak Pkwy Ste 208 San Antonio, TX 78258
Phone: Cell: Fax:

Staff Profiles | Contact Us | USDA 100% Financing | FHA Mortgages | USDA Properties | Conventional Loans | No Credit Score--Can I Get A Mortgage? | Closing Costs Explained | Tell a Friend | Home | Site Map | The Loan Process | Get Your Loan Faster! | Improve Your Credit Score | Getting Pre-Qualified | Loan Application Checklist | Refinancing Options | Rate Sheet | Customer Login | Gifts as downpayment | VA Loans | 10 Commandments for Buyers | Are You Pre-Qualified or Pre-Approved? | 100% Financing | BloggingInTexas--Coker Comments

Copyright © 2012 Directions Equity Home Loan
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map



 
State:
County:
City:
Zip: