About Closing Costs

"Closing Costs" are the fees that pay for the various services involved in the sale of a home. Sellers & buyers negotiate to determine who will pay different portions of these closing costs.

As indicated below, many of the costs result from getting your mortgage loan. Since Hawk Mortgage Group is highly experienced with closings & mortgages, we are closing cost experts.

Loan Estimates (LEs)

Soon after you submit your application, we will give you a "Loan Estimate" of your closing costs. The closing costs enumerated in the Loan Estimate are estimated based on our experience with mortgage loans, but costs usually change a little bit between delivery of the LE and closing. We answer buyers' questions about closing costs every day at Hawk Mortgage Group, so please feel free to ask if we can help answer your questions.

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

Standard Closing Costs

Loan-Related Costs
  • Credit Report
  • Interest Payment
  • Escrow Fees
  • Taxes
  • Loan Origination Fee
  • Points — lower your mortgage interest rate (optional)
  • Appraisal Fee
Property Taxes
  • Insurance
  • Recording Fees & Transfer Taxes
Homeowners Insurance
  • Title Insurance
  • Flood / Earthquake Insurance
  • Private Mortgage Insurance (PMI)

Hawk Mortgage Group can answer questions about these closing costs. Call us at (443) 619-7900.

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