Make sure you’re using the correct words, and accommodating for all the costs associated with closing a mortgage. Many lenders openly discuss closing costs, but underestimate, miscalculate or leave out the required “closing costs” associated with closing a mortgage. While these costs can vary widely from loan to loan, and based on the loan amount, you’ll want to make sure you have accurate figures for these. This quick video explains this a little more. Our licensed mortgage professionals will review this with you as well.