Estimate of
Closing Costs
Flat Fees |
Appraisal Fee: |
$1,500
(estimate) *Appraisal fee must be paid in advance. |
Underwriting Fee: |
$620 |
Environmental Inspection Fee: |
$500 -
$1,500 (avg. fee $500) |
ACH Auto
Pay Decline Fee: |
$500
(fee waived if borrowers accepts ACH auto pay) |
Closing Fee: |
$250
(estimate) |
Recording
Fee: |
$250
(estimate) |
|
Sub-Total: |
$3,120
to
$4,620 |
|
Loan Amount Related Fees |
+
Origination Fee**: |
2% to 3%
of loan amount (see schedule below) |
+
Title Insurance: |
0.75%
of loan amount (estimate) |
|
**Origination Fee Schedule |
Loan Amount
Origination Fee
$100,000 - 199,999
3.00% ($3,500 min.)
$200,000 - 299,999
2.75%
$300,000 - 499,999
2.50%
$500,000 - 749,999
2.25%
$750,000 +
2.00%
|
|