Estimating Closing Cost

Closing costs are fees and expenses that both buyer and seller pay at closing. When you apply for a mortgage a OneTrust Home Loans Specialist will give you a Good Faith Estimate listing your estimated closing costs. Once your loan is approved and a closing date has been set, your OneTrust Home Loan Specialist will provide you with the exact amount of your closing costs.

Closing costs typically include:

  • An origination fee
  • Discount point(s)
  • An appraisal fee
  • Credit report
  • Title search
  • Recording fees
  • Other costs described in the HUD-I at settlement