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Closing Cost
 

 

American Mortgage Home, Inc

 

                                     Closing Cost Estimate

 

 

Lender Fees

 

            Origination fees               1%    (of Loan Amount)

 

          Credit Report                  $38.00 ($58.00 if RMCR is required)

 

          Commitment Fee             $480.00

 

          Flood Determination        $15.00

 

          Application Fees             $350.00

 

Third Party Fees Estimate (Borrower controlled cost)

 

Appraisal                       $300.00  (VA & FHA Loan may be $450.00)

         

Attorney Fees                $300.00 - $550.00 (Depending on your Attorney)

 

Recording fees              $65.00  -  $100 ( Depending on your Attorney)

 

Title Insurance              $2.00 Per thousand for Purchase and $1.00 for refi (Depending on your attorney and the title insurance company)

Prepaid Items

 

            Insurance                      Borrower controlled

 

          Property Tax                 Government controlled

 

(Number of months of escrow will depend on the month of closing and when tax and insurance are next due for payment

 




 


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