Home Loan Application Customer Login Contact Us

About Closing Costs

All residential real estate transactions incurs costs. Buyers and sellers usually share these closing costs, as specified in the real estate sales contract.

As you'll see below, many of the costs result from getting your mortgage. At One Source Lending 303-220-7500, we have extensive experience in mortgage lending, so we can provide you with a comprehensive report on costs related to your mortgage in your "Good Faith Estimate".

The Good Faith Estimate (GFE)

Very soon after you submit your application, we'll give you a "Good Faith Estimate" of your closing costs. The closing costs enumerated in the Good Faith Estimate are estimated based on One Source Lending 303-220-7500's experience with mortgage loans, but costs often change by small amounts between the Good Faith Estimate (GFE) and closing. We answer questions about these costs every day at One Source Lending 303-220-7500, so please be sure to contact us if you have questions.

We've provided a general list of these costs below, but we will provide you a specific list of closing costs, with amounts, soon after you have completed your application. At One Source Lending 303-220-7500, we don't believe in surprises, so if your costs change, we'll be sure to let you know immediately.

Standard Closing Costs

Loan-Related Costs
  • Interest Payment
  • Escrow Fees
  • Taxes
  • Loan Origination Fee
  • Points — These are costs you pay up-front to lower your mortgage interest rate (optional)
  • Appraisal Fee
  • Obtaining YourCredit Report
Property Taxes
  • Recording Fees and Transfer Taxes
  • Insurance
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood / Quake Insurance if applicable

One Source Lending 303-220-7500 can answer questions about these closing costs. Call us at 303-220-7500.