About Closing Costs

Are you looking for a mortgage loan? We'll be glad to answer your questions about our mortgage offerings! Give us a call at 425-392-2295. Want to get started? Apply Here.

"Closing Costs" are the fees that cover the various services involved in the sale of a house. Sellers and buyers negotiate the payment of these closing costs.

Many of the closing costs associated with buying a home are associated with getting a loan. At FKEJ-4 Inc., dba Your Equity Services, we are highly experienced in residential mortgage lending, so we can provide you with a comprehensive report on mortgage-related closing costs in your "Good Faith Estimate".

Good Faith Estimate (GFE)

Soon after you apply for a loan, we will give you the "Good Faith Estimate" of your closing costs. The closing costs specified in the GFE are estimated based on our experience with mortgage loans, but costs usually vary by small amounts between the GFE and closing. We will be glad to review the "Good Faith Estimate," answering questions and pointing out costs that sometimes change slightly at closing.

Below you'll find a fairly generic list of costs for buying residential real estate. We will always provide a specific list of your closing costs when we provide your Good Faith Estimate.

Standard Closing Costs

Loan-Related Costs
  • Appraisal Costs
  • Credit Report
  • Up-front Interest Payment
  • Escrow Fees
  • Various Taxes
  • Costs associated with "originating" your loan
  • Points — A fee paid to lower your interest rate (optional)
Property Taxes
  • Insurance
  • Transfer Taxes and Recording Fees
Homeowners Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance
  • Flood or Quake Insurance if applicable
At FKEJ-4 Inc., dba Your Equity Services, we answer questions about closing costs every day. Give us a call: 425-392-2295.

Mortgage Questions?

Do you have a question regarding a mortgage program?

Contact Information
Your Question