About Closing Costs

In the market for a mortgage loan? We will be glad to assist you! Call us at 859-795-1846. Ready to begin? Apply Here.

"Closing Costs" are the fees which cover various services involved in the sale of a home. Buyers & sellers often negotiate these closing costs.

Many of the closing costs associated with buying residential real estate are associated with getting the mortgage. Since Entrust Mortgage is highly experienced with mortgages and closings, we can help you understand your closing costs.

Good Faith Estimates (GFEs)

Soon after you apply for a loan, we will give you a "Good Faith Estimate" of your closing costs. This cost estimate comes out of the loan officer's past experience. Please note that while our GFEs are very precise, we can't always predict costs to the penny. We field questions about these costs every day at Entrust Mortgage, so please feel free 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 complete your application. At Entrust Mortgage, 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
  • Taxes
  • Loan Origination Fee
  • Points — A fee paid to lower your mortgage interest rate (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account
Property Taxes
  • Insurance
  • Transfer Taxes and Recording Fees
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood / Earthquake Insurance if applicable
Entrust Mortgage can help you understand closing costs. Give us a call at 859-795-1846.