What is included in closing costs?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Closing costs include lender fees (origination, underwriting), third-party fees (appraisal, title insurance, survey, recording), and prepaids (property taxes, homeowners insurance, and prepaid interest set aside in escrow).
In Florida, title insurance and the documentary stamp tax are notable line items. We itemize every cost on your Loan Estimate so you see exactly where the money goes.
The pieces of closing costs
Closing costs group several fees. Lender charges, the appraisal, title insurance, and recording fees are the core. Prepaid taxes and insurance round it out.
Florida adds a documentary stamp tax. That is one reason our costs top the national average.
Seeing your real number in Florida
Every deal is a little different. Your county, price, and loan all move the total. We give you an itemized estimate early.
Bring your target home and we will break down each line. No mystery fees at the table.