Don't Forget Closing Costs

Certain standard costs are associated with closing the sale of a home. Sellers and buyers usually split these closing costs, as specified in the real estate sales contract.

Many of the closing costs associated with buying a home are associated with getting the mortgage loan. At Arizona Wholesale Mortgage, Inc, we have extensive experience in mortgage lending, so we can compile a comprehensive list of costs related to your mortgage in your "Loan Estimate".

The Loan Estimate "LE" (Previously known as the Good Faith Estimate)

Very shortly after you apply for a loan, we will give you a Loan Estimate of your closing costs. This closing cost estimate comes out of the loan officer's past experience. It's important to note that while our LE's are very accurate, we cannot always estimate your closing costs to the penny. We explain Loan Estimates with buyers every day, so we'd be glad to answer your questions about closing costs.

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