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- Loan origination fee, usually 1% of your mortgage amount
- Discount point (or points), each usually 1% of your mortgage amount
- Assumption fee (if you assume the seller’s old mortgage)
- Title search fee
- Lender’s title insurance fee
- Owner’s title insurance fee (optional but advisable)
- Survey fee (if applicable)
- Two fees that may have been paid when you applied for the loan:
- Appraisal fee
- Credit report fee
- Lender’s inspection fee
- Recording fees
- Prepaid interest on your mortgage, covering the time between settlement and the first regular monthly payment
- Prepaid mortgage insurance premium
- Property tax, possible reimbursement to seller and/or payment on future taxes
- Assessment, possible 1 to 3 month local improvement charge or association fee (especially applicable to condominium buyers)
- Lawyers fees (if applicable)
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