There are certain standard costs associated with closing the sale of a house. Buyers and sellers almost always split these closing costs, as the sales contract specifies.
As the list below indicates, many of the closing costs result from getting your mortgage. Since Riviera Funding NMLS#861382 CA DRE Broker #01186669 has extensive experience with closings & mortgages, we can help you understand your closing costs.
Very shortly after you submit your application, we'll give you a "Loan Estimate" of your closing costs. The closing costs enumerated in the LE are estimated based on Riviera Funding NMLS#861382 CA DRE Broker #01186669's experience with mortgage loans, but costs usually vary by small amounts between delivery of the Loan Estimate (LE) and closing. We will be glad to review the "Loan Estimate," answering your questions and highlighting 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 Riviera Funding NMLS#861382 CA DRE Broker #01186669, 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 Account TaxesLoan Origination Fee Points — These are costs you pay up-front to lower your mortgage interest rate (optional) Appraisal Costs Property Taxes Transfer Taxes and Recording Fees Insurance Homeowners Insurance Title Insurance Flood / Earthquake Insurance Private Mortgage Insurance (PMI)
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.