Closing fees usually range from $2,200–2,800 for mortgages up to $150,000, not including points you choose to pay, pre-pays and reserves. Some companies may not charge you for certain closing cost and you think you are getting a better deal, but often those fees are found in other places with different names or they include them in the rate charged.

We have no hidden fees and let you know up front what you can expect to pay.

• Quality Mortgage Fees
  • Application Fee: $350.00
    Paid at application and represents our cost in processing the loan including the credit report fee.
• Third Party Fees
  • Credit Report:
    The cost the bank is charged by the service providing the credit report. Additional fee will apply for co-borrower.
  • Flood Certification: $23.00 (varies on certain loans)
    Service which notifies the bank whether or not you are located in a flood zone and insures what it certifies.
  • Courier Service: $25.00
    optional Cost of overnight mail courier service.
  • Appraisal: $275.00-300.00
    The cost charged to the lender by a certified appraisal company providing the appraisal value of your home. This charge ranges from 275.00-300.00 for a single family appraisal and $450 for multi-family appraisal. You will pay the appraiser at the time of appraisal if you are refinancing your home.
  • Investment Commitment / Loan Review Fee: $500.00
    This is charged by the bank to cover their cost in processing the loan, enabling you to get the best rate available.
  • Tax Service Fee: $85.00
    
• Title Fees
  • Closing or Escrow Fee: $300.00
  • Notary Fee: $25.00
  • Title Insurance:
    Amount based upon cost of home, and type of loan. Once we receive your information we can give you the amount or you can call a title company direct.
  • Transfer Fees: $175.00
• Estimated Prepaid Items
  Prepaid items are not actual closing costs, rather they are items that the lender requires that you pay upfront for such things as interest on your loan, real estate tax escrows, homeowners insurance escrows and mortgage insurance escrows if required.
  
  In addition to your closing fees the lender requires you to pay the following in advance: Pre-paid interest, taxes and assessment reserves (typically 2-4 months reserves of monthly taxes), hazard and flood insurance reserves (typically 2-4 months reserves of monthly hazard and flood insurance).