HOME APPLY NOW RATES AND A.P.R. BUYER INFO STAFF PROFILES Don't Forget Closing Costs Shopping for a mortgage? We'll be glad to discuss our mortgage offerings! Call us at (630) 534-5500. Ready to get started? Apply Here. Certain standard costs are associated with closing the sale of a home. Buyers and sellers customarily split these costs, as the real estate sales contract specifies. Many of the closing costs associated with buying residential real estate are associated with getting the mortgage. Since Community Mortgage Corp. is highly experienced with mortgages and closings, we are closing cost experts. Good Faith Estimate (GFE) Very shortly after you submit your application, we will provide you with a "Good Faith Estimate" of your costs. We base this closing cost estimate on our extensive past experience. It's important to note that while our GFEs are very accurate, we can't always estimate your closing costs to the penny. We explain Good Faith Estimates with buyers almost every day, so we are happy to answer your questions about closing costs. Below is a fairly generic list of closing costs. We will always provide you with a specific list of your closing costs when we deliver your Good Faith Estimate. Standard Closing Costs Loan-Related Costs Points — These are costs you pay up-front to lower your interest rate (optional) Appraisal Costs Getting Your Credit Report Up-front Interest Payment Escrow Fees Taxes Loan-related costs Property Taxes Recording Fees & Transfer Taxes Insurance Homeowners Insurance Private Mortgage Insurance (PMI) Title Insurance Flood / Quake Insurance if applicable At Community Mortgage Corp., we answer questions about closing costs every day. Give us a call at (630) 534-5500. "Helping You Position Today, For A Better Tomorrow" Illinois License # MB.0005938 - NMLS License # 208737 An Illinois Residential Mortgage Licensee. Licensed by the Division of Banking - Illinois Dept. of Financial & Professional Regulation - 312-793-3000, 100 W. Randolph. 9th Floor, Chicago, IL 60601. Any information in this site does not constitute a mortgage loan approval. Rates are subject to change without notice. Community Mortgage Corp 600 W. 22nd St, Ste 100 Oak Brook, IL 60523 Phone: 6305345500 Fax: 6305345500 E-mail: rR1Ks/12iRf0UXLalDxI8aLt1JUBHED+1ukSn4P1o/0= Portions Copyright © 2021 Pipeline ROI, LLC Another website by Pipeline ROI. | Admin Login | Terms of Use | Site Map This website uses cookies to ensure you get the best experience on our website Got it