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Common Disbursements
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Loan Origination Fee
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1%
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Credit Report
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$65.00
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Tax Service Fee
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125.00
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Underwriting Fee
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250.00
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Processing Fee
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150.00
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Mortgagee's Title
Policy
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150.00
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Tax Endorsement
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25.00
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Flood Certificate
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50.00
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Escrow Fee
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110.00
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Survey Fee
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200.00
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Attorney Fee
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150.00
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Photos
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25.00
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Courier/Express Mail
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50.00
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Home Inspection Fee
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150.00
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Termite Inspection
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50.00
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Appraisal Fee
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350.00
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Lender Inspection Fee
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100.00
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Home Warranty if wanted
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325.00
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Recording Fees
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30.00
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Other Fees - If your down payment is less than 20% of the
purchase price of the property, the mortgage will require PMI/MIP insurance.
This will result in an additional out-of-pocket expense of 2.25% of the mortgage.
This upfront cost can be financed into the mortgage
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There is also a monthly
PMI/MIP insurance premium, which is added to the mortgage payment. This
premium ranges from .5% of the mortgage value to .78% depending on the size
of down payment.
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Tax Deposits as
required
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Flood Insurance
Premium - If required
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Hazard Insurance Premium
as required
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Transaction
Coordination Fee
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