There are certain standard costs associated with mortgages. When buying property, these fees are typically split between the buyer and the seller, as spelled out in the sales contract. 

I will walk you through the closing costs, answering any questions you may have explaining these costs.  It is possible that your realtor can help you write a purchase contract so that the seller pays many of the costs for you.  Most lenders do allow seller contributions towards your closing costs.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs within 3 business days of submitting an applicaion. The estimate is based on my past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Closing Costs Loan-Related Costs Loan Origination Fee Points (optional) - usually refers to a rate buy down) Appraisal Fee Credit Report Interest Payment Escrow Account (for future taxes and insurance) Title Company fees Taxes Property Taxes Transfer Taxes and Recording Fees Insurance Homeowners Insurance Flood or Quake Insurance Private Mortgage Insurance (PMI) Title Insurance

What about those "no closing cost" loans you hear about?  In most cases, a No closing cost loan is one where the loan officer, or the lender, is paying the closing costs for you and charging you a higher rate to cover those costs.  I can help with closing costs as well, with the same adjustments to your rate.  This might be a good option for you, if you need assistance in order to qualify for your mortgage.  Please don't hesitate to ask how this will affect your monthly payments.