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Conventional Mortgage Refinance

TYPICAL BORROWER EXPENSES

  • Payoff existing mortgage(s)
  • Overnight Courier fee (if applicable)
  • Recording fees for mortgage:  $10.00 first page; $8.50 each additional page; will be approximately $180.00
  • Doc stamps on mortgage:  $.0035 x mortgage amount
  • Intangible tax on mortgage:  $.002 x mortgage amount
  • Lender’s title insurance policy
  • ALTA Endorsements:  $50.00 to $65.00 each
  • Florida Form 9:  10% of promulgated rate
  • Homeowners insurance and flood insurance (if applicable)
  • Prepaid interest - day of closing through end of month*
  • Appraisal fee*
  • Tax service fee*
  • Underwriting fee*
  • Document preparation fee*
  • Assignment of mortgage
  • Flood certification fee
  • Document Retrieval/Storage
  • Overnight Courier fee (if applicable)

* Please check with lender for these costs and any other charges lender may require. Fees and types of costs vary for each lender. A lender is required to prepare a Good Faith Estimate for any costs incurred in connection with a new mortgage.
Charges shown are estimates only. Actual charges may vary depending on lender and contract requirements. Please refer to your contract and verify costs with your lender.