Closing costs are the fees incurred during the loan transaction. These costs include but are not limited to appraisal fees, title and escrow fees, attorney fees, pre-paid interest fees, lender fees, loan origination fees, 3rd party service fees – to name a few. These costs may vary for each customer due to differences in the type of mortgage program, the property type and location and other factors. You will receive a loan estimate of your closing costs in advance of your closing date for your review.