There are certain standard costs related to closing the sale of a house. Buyers almost always pay these closing costs, as specified in the sales contract, however, depending on State law the seller may be required to pay a portion of the closing costs. “Closing Costs” are the fees that cover various services involved when you sell or buy residential real estate. These fees might be paid out of pocket or indirectly by crediting the loan.

Many of the closing costs associated with buying a house are associated with getting a mortgage loan. At Platte River Mortgage & Investments, Inc, we are highly experienced in mortgage lending, so we can compile a comprehensive report on closing costs related to your mortgage in your estimate.
Getting The Loan Estimate

Three days after you submit your application, we will provide you with a Loan Estimate. The Loan Estimate details information like estimated interest rates, payments and fees, closing costs and more. Getting an estimate doesn’t mean you’ve been approved, but it’s the first step toward getting your loan.

We will be glad to review the estimate, answering questions and highlighting costs that sometimes vary a little bit at closing.

Below you’ll find a general list of closing costs. We will always provide a specific list of your closing costs when we deliver your estimate.

Standard Closing Costs

Loan-Related Costs

  • Obtaining YourCredit Report
  • Interest Payment
  • Escrow Account
  • Loan-related costs
  • Points — A fee paid to lower your interest rate (optional)
  • Appraisal Fee

Property Taxes

  • Transfer Taxes & Recording Fees
  • Insurance

Homeowners Insurance

  • Flood / Quake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance