Guide to Customary Closing Costs The Borrower normally pays for:
Escrow fee Lender’s title policy premiums (ALTA) Document preparation (if applicable) Property taxes currently due Recording charges for all documents in borrower’s names Reconveyance Fees Home Owner’s insurance premiums currently due Inspection fees if required by lender: roofing, property, geological, pest, etc. Interim interest on new loan from date of funding to first payment date All associated loan charges