Don't Forget Closing Costs

"Closing Costs" are the fees which cover various services involved in the sale of a house. Buyers & sellers usually negotiate these closing costs.

Many of the closing costs associated with buying a home are associated with getting a mortgage loan. At Hawk Mortgage Group, we have extensive experience in mortgage lending, so we can provide you with a comprehensive report on closing costs related to your mortgage in your "Good Faith Estimate".

Good Faith Estimates (GFEs)

Soon after you submit your application, we'll provide you with the "Good Faith Estimate" of your costs. The closing costs enumerated in the Good Faith Estimate are estimated based on Hawk Mortgage Group's experience with mortgage loans, but costs often change by small amounts between delivery of the GFE and closing. We answer questions about closing costs every day at Hawk Mortgage Group, so please feel free to ask if you have questions.

Below is a fairly generic list of closing costs. We will always provide you with a specific list of your closing costs when we give you a Good Faith Estimate.

Standard Closing Costs

Loan-Related Costs
  • Escrow Account
  • Various Taxes
  • Loan-related costs
  • Points — These are costs you pay up-front to lower your interest rate (optional)
  • Appraisal Fee
  • Obtaining Your Credit Report
  • Up-front Interest Payment
Property Taxes
  • Recording Fees & Transfer Taxes
  • Insurance
Homeowners Insurance
  • Flood or Earthquake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance

Hawk Mortgage Group can help you understand closing costs. Give us a call: (443) 619-7900.

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