Closing Costs

If your mortgage is for a home purchase, there are certain standard 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.

First Belmont Mortgage representative 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 the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. First Belmont Mortgage representative will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates the representative believe to be low.