The correct answer is B. Closing costs
Explanation:
When a specific transaction or business is completed or closed, there are related costs for both the buyer and the seller or those involved in the transaction, these types of costs are known as closing costs as they mean the transaction was closed. Moreover, in the case of a home loan transaction, some of the closing costs include documentation costs, certain warranties and part of the costs for the home. According to this, the fees paid at the time of the transaction are the closing costs.
