Don't Forget Closing Costs

"Closing Costs" are the fees which pay for various services involved in the sale of a home. Buyers & sellers almost always negotiate these costs.

As indicated below, many of the buyer's closing costs cover the costs of getting the mortgage loan. At RTC Mortgage Corporation, we have extensive experience in residential mortgage lending, so we can provide you with a comprehensive list of closing costs related to your mortgage in your "Good Faith Estimate".

Good Faith Estimate (GFE)

Buyers will get a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. We base this cost estimate on our many years of past experience. Please note that while our GFEs are very precise, we can't always predict costs to the penny. We review GFEs with buyers almost every day, so we'd be glad to answer the you have about closing costs.

Below you'll find a fairly general list of closing costs. We will provide a specific list of your closing costs when we provide your Good Faith Estimate.

Standard Closing Costs

Loan-Related Costs
  • Credit Report
  • Up-front Interest Payment
  • Escrow Fees
  • Taxes
  • Loan Origination Fee
  • Points — lower your mortgage interest rate (optional)
  • Appraisal Fee
Property Taxes
  • Insurance
  • Transfer Taxes and Recording Fees
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood or Quake Insurance

RTC Mortgage Corporation can answer questions about these closing costs. Give us a call at (949) 494-4701.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question