When comparing mortgages, it's important to look closely at the closing costs from each lender. Some closing costs will be the same no matter who you get your loan from – such as document recording fees that you pay to your local government. However, other costs can change or be negotiated.
Here are some common closing costs that will be specific to your lender. This list may not match the quotes you get exactly, but it gives you an idea of where to start comparing.
You may see other charges (or these same charges under a different name) on your
good faith estimates. If you have questions about closing costs, ask your mortgage broker –you can even ask the competition about any charges that you don't understand.
