We
can't tell you what every locality will charge for closing
costs on a one page checklist. However, we can list all
of the one time closing costs that you can expect to pay
and, as an example, list typical amounts for an 80% Buncombe
county, North Carolina mortgage loan in the amount of $100,000
at 7.50%. Please ask your loan officer for information on
what typical charges will be in your location. Click
here for our service guarantee.
| Items
Payable In Connection With Loan |
Typical
Charge |
Loan
Origination Fee 1% |
$1,000.00 |
Loan
Discount 1% (optional) |
$1,000.00 |
Appraisal
Fee |
$300.00 |
Credit
Report |
$20.00 |
Lenders
Administration Fee |
$450.00 |
Items
Required By Lender To Be Paid Advance |
| Prepaid
Interest at $20.83 per day for 15 days |
$312.50 |
| Hazard
Insurance Premium |
$300.00 |
Reserves
Required With Lender |
| Hazard
Insurance |
$50.00 |
| Property
Taxes |
$500.00 |
| Title
Charges |
| Attorney's
Fees |
$400.00 |
| Title
Insurance Binder |
$150.00 |
Government
Recording and Transfer Charges |
| Recording
Fees |
$70.00 |
| Additional
Settlement Charges |
| Survey
(if necessary) |
$400.00 |
| Pest
Inspection |
$65.00 |
| Express
Mail/Courier |
$40.00 |
Click
here for our service guarantee.
|
