Closing Costs

"Closing Costs" are the fees which cover various services involved when you sell or buy residential real estate. Sellers and buyers often negotiate the payment of these closing costs.

As you'll see below, many of the buyer's closing costs cover the costs of getting the loan. Since Smart Mortgage & Investments is highly experienced with closings & mortgages, we can help you understand your closing costs.

Good Faith Estimates (GFEs)

Soon after you submit your application, we will give you the "Good Faith Estimate" of your closing costs. This closing cost estimate is based on our past experience. It's important to note that while our GFEs are very accurate, we cannot always estimate your costs to the penny. We will be glad to review the "Good Faith Estimate," answering your questions and pointing out costs that can vary a little bit at the closing table.

We've provided a general list of closing costs below, but we will provide you a specific list of closing costs, with amounts, very soon after you complete your application. At Smart Mortgage & Investments, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.