Home Buyers Guide to Closing Cost
First Northern Financial Group, Inc. understands the importance of providing and educating home buyers on closing cost. Many 1st-time home buyers are unaware of the additional costs that are incurred when closing a Real Estate transaction, with the exception of the down payment. There are several costs that you will need to be aware of and have funds available for closing of your home purchase. We have provided a comprehensive list of cost to help guide you.
Closing Cost
Appraisal Fee Home Inspection
Credit report Pest Inspection
Underwriting Fee Water Test (well)
Processing Fee Septic Inspection
Flood Certification Homeowners Insurance
Tax Service Fee Title Examination
Fuel Oil Adjustment Title commitment
Tax Adjustment Title insurance
Closing/Escrow Fee Recording Fees
Discharge Tracking Fee Courier Fee
Survey Affidavit Wire Fee
Mortgage Insurance Escrows (Taxes and Insurance)
Doc Prep Fee Mortgage Insurance Premium
