About Closing Costs

There are certain standard costs related to closing the sale of a house. Sellers and buyers customarily split these costs, as specified in the sales contract.

As indicated below, many of the buyer's closing costs cover the costs of originating the mortgage loan. At Bright Vision Mortgage, we have extensive experience in mortgage lending, so we can provide you with a comprehensive report on mortgage-related costs in your "Loan Estimate".

Loan Estimates (LEs)

Buyers get a "Loan Estimate" of closing costs around the time the loan application is submitted to the lender. This cost estimate is based on our past experience. Please note that while our LEs are very accurate, we cannot always predict your costs to the penny. We answer questions about closing costs every day at Bright Vision Mortgage, so please be sure to contact us if we can help answer your questions.

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

Standard Closing Costs

Loan-Related Costs
  • Various Taxes
  • Loan Origination Fee
  • Points — lower your interest rate (optional)
  • Appraisal Fee
  • Getting Your Credit Report
  • Interest Payment
  • Escrow Account
Property Taxes
  • Recording Fees and Transfer Taxes
  • Insurance
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood or Earthquake Insurance if applicable

At Bright Vision Mortgage, we answer questions about closing costs every day. Give us a call at 9043423622.

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
By checking the box, you agree that Bright Vision Mortgage may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.

159 Hampton Point Drive Suite 4
St. Augustine, FL 32092