Understanding the fees and Closing Costs associated with your mortgage loan is crucial for budgeting and planning your home purchase. Different loan types, such as FHA, Conventional, VA, Non-QM, and Jumbo loans, have varying fee structures. For detailed information on specific fees, please refer to our comprehensive guides:

• FHA Loans: Click here to learn more about FHA loan fees and Closing Costs.
• Conventional Loans: Click here to explore details about fees associated with conventional mortgage loans.
• VA Loans: Click here for information on VA loan fees and costs.
• Non-QM Loans: Click here to understand the fees related to Non-QM mortgage products.
• Jumbo Loans: Click here for a comprehensive guide to Jumbo loan fees and Closing Costs.

By clicking on the links above, you can access detailed breakdowns of each loan type’s fees, helping you make informed decisions about your home financing.

Listing Agent Advantage Program

Through our Listing Agent Advantage Program at Cazle, we also offer a $1,500 lender credit for loan amounts up to $200,000 and 1% of the loan amount for loans greater than $200,000. These lender credits will be applied towards the buyer’s one-time Closing fees, such as Appraisal, Title, and recording fees, when buying a primary home in an eligible area. This offer expires on August 31st, 2024.

Negotiable Closing Costs

When purchasing a home, you may encounter negotiable Closing Costs, which can vary based on the lender and the specifics of your loan. Here’s what you need to know about negotiable Closing Costs:

• Definition: Negotiable Closing Costs are fees associated with the home buying process that can potentially be adjusted or reduced through negotiation between the buyer and seller.
• Examples: Examples of negotiable Closing Costs include:
  • Title Insurance: The cost of Title Insurance can sometimes be negotiated.
  • Home Inspection Fees: Negotiating who pays for the home inspection can impact your Closing Costs.
  • Property Taxes: Depending on the timing of your purchase, property tax proration may be negotiable.
  • Survey Costs: The buyer and seller can sometimes negotiate who pays for the property Survey.
• Negotiation Strategies: To reduce Closing Costs, consider:
  • Negotiating with the seller to cover specific costs.
  • Comparing quotes from different service providers, such as Title companies and inspectors.
  • Working closely with your real estate Agent and lender to identify opportunities for cost savings.

Understanding negotiable Closing Costs and leveraging negotiation strategies can potentially save you money during the home buying process. For more information on specific Closing Costs related to your loan type, refer to our comprehensive guides linked above.