Mortgage Loan Closing Costs

Closing costs for home refinancing or purchases are often misunderstood and frustrating for the buyer and seller (who is probably very soon going to be a buyer). Closing costs are assessed once a purchase agreement is finalized with the seller and/or their agent. The various costs will vary by county, state and lending institution. However, there are a number of fairly standard closing costs that we will discuss and explain so that you won