Conventional Mortgage

  1. Loan origination fee
  2. Appraisal fee
  3. Credit report
  4. Tax service fee (approx $55-$100)*
  5. Underwriting fee (approx $100-$250)*
  6. Document preparation fee (approx $100-$250)**
  7. Flood certification fee ($20-$50)
  8. Prepaid interest (from day of closing to end of current month)*
  9. First year PMI if applicable (over 80% of loan value)
  10. First year’s homeowner’s and windstorm or flood insurance premiums if required
  11. Escrow account for lender to pay real estate taxes and hazard (homeowner’s) insurance (taxes 4-10 months of yearly gross amt/insurance: 2-3 months)
  12. Settlement fee
  13. Simultaneous issue mortgagee (lender) title insurance policy
  14. Owner’s title insurance policy, if applicable, as per sales contract**
  15. Endorsements to the lender’s policy if applicable
  16. Warehouse/notary/Courier fees ($75-$150)
  17. Recording fees for deed (approx. $20) and mortgage (approx $150)
  18. Doc stamps on mortgage ($.35 per $100 based on mortgage amount)
  19. Intangible tax on mortgage ($.002 x mortgage amount)
  20. Assignment of mortgage if applicable (approx $15-$25)
  21. Survey of subject property ($200-$400)
  22. Termite inspection if applicable (approx $50-$100)
  23. Condominium approval fee and dues if applicable
  24. Homeowner’s association dues and transfer fee if applicable
  25. Home inspection fees

 

Cash 

  1. Recording fees for deed (approx $20)
  2. Homeowner’s association dues and transfer fee if applicable
  3. Title exam / closing fee (approx $100)
  4. Owner’s title insurance policy, if applicable, as per sales contract**
  5. Condominium approval fee and dues if applicable
  6. Survey at buyer’s option if single family home (approx $200-$400)
  7. Termite inspection at buyer’s option (approx $50-$100)
  8. First year homeowner’s insurance and flood insurance if applicable

 FHA/VA

  1. Loan origination fee/point(s)*
  2. Loan discount point(s) (negotiable)*
  3. Appraisal fee – usually paid at time of loan application (approx $275-$300)*
  4. Credit report fee – usually paid at time of loan application (approx $50)
  5. VA funding fee – VA only
  6. Application fee
  7. Inspection fee if applicable
  8. Flood certification if applicable
  9. Prepaid interest (day of closing to current month)*
  10. First year’s homeowner’s and windstorm or flood insurance premiums if required
  11. Escrow account real estate taxes (taxes 4-10 months/ insurance: 2-3 months/ FHA MIP: 2 month - FHA only)
  12. Simultaneous issue mortgagee (lender) title insurance policy
  13. Owner’s title insurance policy, if applicable, as per sales contract**
  14. Endorsements to lender’s title insurance policy if required
  15. Recording fees for deed (approx. $20) and mortgage (approx $150)
  16. Doc stamps on mortgage ($.35 per $100 based on mortgage amount)
  17. Intangible tax on mortgage ($.002 x mortgage amount)
  18. Doc stamps on mortgage ($.35 per $100 based on mortgage amount)
  19. Termite inspection (approx $50-$100)
  20. Homeowner’s association dues and transfer fee if applicable
  21. Condominium approval fee and dues if applicable