What are my closing costs for my mortgage?

The specific amount of your closing costs will vary. A home loan often involves various fees, such as the appraisal fee, title charges, closing fees, and state or local taxes. You can get an accurate estimate of what your closing costs would be with Security Credit Union by contacting us today at 810-235-2322.

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What is a Mortgage Loan?

Likely the largest debt you’ll ever take on, a mortgage is a loan to finance the purchase of your home. Your home is collateral for the loan, which is also a legal contract you sign to promise that you’ll pay the debt, with interest and other costs, typically over 15 to 30 years. To repay…

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