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    Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
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    If you are in the process of refinancing your home mortgage loan, comparing closing costs is an important part of shopping for the most competitive mortgage offer. As a consumer how do you know which fees are necessary and which fees are garbage when reviewing your closing costs? Here are several tips to help you weed the garbage fees out of your Good Faith Estimate when evaluating closing costs for mortgage refinancing.

    You can expect to see a lot of fees when refinancing your mortgage. Closing costs vary based on the lender and your geographic location; however, comparing closing costs when shopping for a mortgage can save you money. The average amount you can expect to pay is between 2-3% of your loan amount. Obviously the less you can pay for closing on the mortgage, the better off you’ll be.

    Here are the costs you can expect when refinancing your mortgage, listed by lender and non-lender fees. Not every lender will charge you all of the fees listed here and these fees vary widely from one lender to the next.

    Lender Fees:

  • Origination Points: 1% of your loan amount
  • Discount Points: 1% of your loan amount
  • Loan Administration Fee: $200-$300 – This is a garbage fee
  • Application Fee: $200-$400 – This is a garbage fee
  • Appraisal: $300-$500
  • Credit Reports: $10-$65 – Paying more than $15-25 is rubbish
  • Flood Certificate: $17-$20
  • Lender Inspection: $50-$100
  • Loan Processing Fee: $300-$500 – This is a garbage fee
  • Tax Service Fee: $60-$70
  • Underwriting Fee: $300-$500
  • Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
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    As you look around your office, is everyone just like you? Probably not. The demographics of the American workforce have changed dramatically over the last 50 years. In the 1950s, more than 60% of the American workforce consisted of white males. They were typically the sole breadwinners in the hous
    r mortgage refinancing.

    You can expect to see a lot of fees when refinancing your mortgage. Closing costs vary based on the lender and your geographic location; however, comparing closing costs when shopping for a mortgage can save you money. The average amount you can expect to pay is between 2-3% of your loan amount. Obviously the less you can pay for closing on the mortgage, the better off you’ll be.

    Here are the costs you can expect when refinancing your mortgage, listed by lender and non-lender fees. Not every lender will charge you all of the fees listed here and these fees vary widely from one lender to the next.

    Lender Fees:

  • Origination Points: 1% of your loan amount
  • Discount Points: 1% of your loan amount
  • Loan Administration Fee: $200-$300 – This is a garbage fee
  • Application Fee: $200-$400 – This is a garbage fee
  • Appraisal: $300-$500
  • Credit Reports: $10-$65 – Paying more than $15-25 is rubbish
  • Flood Certificate: $17-$20
  • Lender Inspection: $50-$100
  • Loan Processing Fee: $300-$500 – This is a garbage fee
  • Tax Service Fee: $60-$70
  • Underwriting Fee: $300-$500
  • Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
  • <
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    f you’ll be.

    Here are the costs you can expect when refinancing your mortgage, listed by lender and non-lender fees. Not every lender will charge you all of the fees listed here and these fees vary widely from one lender to the next.

    Lender Fees:

  • Origination Points: 1% of your loan amount
  • Discount Points: 1% of your loan amount
  • Loan Administration Fee: $200-$300 – This is a garbage fee
  • Application Fee: $200-$400 – This is a garbage fee
  • Appraisal: $300-$500
  • Credit Reports: $10-$65 – Paying more than $15-25 is rubbish
  • Flood Certificate: $17-$20
  • Lender Inspection: $50-$100
  • Loan Processing Fee: $300-$500 – This is a garbage fee
  • Tax Service Fee: $60-$70
  • Underwriting Fee: $300-$500
  • Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
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    – This is a garbage fee
  • Application Fee: $200-$400 – This is a garbage fee
  • Appraisal: $300-$500
  • Credit Reports: $10-$65 – Paying more than $15-25 is rubbish
  • Flood Certificate: $17-$20
  • Lender Inspection: $50-$100
  • Loan Processing Fee: $300-$500 – This is a garbage fee
  • Tax Service Fee: $60-$70
  • Underwriting Fee: $300-$500
  • Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
  • <
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    >

    Non-Lender Fees:

  • Title Examination Fee: $125-$200
  • Title Insurance: Varies by location
  • Attorney Fees: $225-$500
  • Abstract Fee: $100-$300
  • Document Preparation: $100-$300
  • Escrow Fees: $100-$350
  • Pest Inspection: $100-$200
  • Recording Fee: $50-$85
  • Settlement Fees: $150-$350
  • Survey: $250-$350
  • Be careful when comparing closing costs found on your Good Faith Estimate as many lenders low-ball these charges to make their loan offers seem more attractive. Always look at the itemized list and do not rely on the “total closing costs” line from the Good Faith Estimate. You can learn more about refinancing your mortgage without overpaying with a free mortgage tutorial.

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