Your Closing Costs

Certain standard costs are related to closing the sale of a house. Buyers and sellers customarily share these closing costs, as specified in the sales contract.

As the list below indicates, many of the costs result from getting your mortgage loan. Since Superior Mortgage Services, Inc. is highly experienced with mortgages and closings, we are closing cost experts.

The Good Faith Estimate (GFE)

Soon after you submit your application, we'll provide you with the "Good Faith Estimate" of your costs. The closing costs spelled out 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 Good Faith Estimate (GFE) and closing. We go over GFEs with buyers almost every day, so we will be happy to answer your questions about closing costs.

We've provided a general list of closing costs below, but we'll provide you a specific list of closing costs, with amounts, very soon after you complete your application. At Superior Mortgage Services, Inc., 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
  • Appraisal Fee
  • Credit Report
  • Up-front Interest Payment
  • Escrow Account
  • Various Taxes
  • Loan-related costs
  • Points — lower your interest rate (optional)
Property Taxes
  • Insurance
  • Recording Fees & Transfer Taxes
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood / Quake Insurance if applicable

Superior Mortgage Services, Inc. can answer questions about these closing costs. Give us a call at 513-474-0899.

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