"Closing Costs" are the fees which cover various services involved in the sale of a home. Sellers & buyers often negotiate the payment of these closing costs.
Many of the closing costs associated with buying a house are associated with getting a mortgage. At Nationwide Residential Capital, Inc., we have extensive experience in residential mortgage lending, so we can provide you with a comprehensive list of costs related to your mortgage in your "Good Faith Estimate".
Buyers get a "Good Faith Estimate" of closing costs around the time the loan application is submitted to the lender. The closing costs enumerated in the Good Faith Estimate are estimated based on our experience with mortgage loans, but costs often change by small amounts between delivery of the GFE and closing. We field questions about closing costs every day at Nationwide Residential Capital, Inc., so please be sure to ask if we can help answer your questions.
Below you'll find a fairly general list of closing costs. We will provide a specific list of your closing costs when we provide your Good Faith Estimate.
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