Shop for title insurance and other closing services

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SHO P FOR T ITL E INSURANCE AND OT HER CLOS ING SERVICES

Sources: Artesian Title

Sources: consumerfinance.gov


Closing costs can add up to be thousands of dollars, and closing costs estimates can vary widely among lenders. Some of the closing costs are paid to third-party providers, which you can shop for separately. Lenders or real estate agents might recommend providers they have a relationship with, but those providers might not oer the best deal. You can o�en save money by shopping around for closing services.

What to do now Use your Loan Estimate to identify services you can shop forYou can shop for any of the services listed on section C of page 2 of your Loan Estimate (see a sample form). The specific services that you can shop for vary from lender to lender. Title services are the largest costs in this category, and in most cases you will be able to shop for them. Title services include title insurance, title search, and other costs and services associated with issuing title insurance. In most parts of the country, title services also include the fee for the closing agent who conducts your closing.

Identify potential closing service providers Use your Loan Estimate to identify services you can shop forYou can shop for any of the services listed on section C of page 2 of your Loan Estimate (see a sample form). The specific services that you can shop for vary from lender to lender. Title services are the largest costs in this category, and in most cases you will be able to shop for them. Title services include title insurance, title search, and other costs and services associated with issuing title insurance. In most parts of the country, title services also include the fee for the closing agent who conducts your closing.


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