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| Lender fees: |
$1200 |
| Credit Processing fee: |
$21 |
| Appraisal fee |
$450 (Cost may vary with property location and value) |
| Recording fee |
$75 (Cost may vary per County Recorder) |
As an example: A typical owner occupied refinance for $417,000 (excluding points) has non-recurring closing costs of $2,826
Other Fees that can apply:
$150 Subordination fee (Cost may vary according to your junior lien lender)
$100 Homeowners Associate Certificate (PUD/CONDO costs may vary)
LENDER AND CREDIT PROCESSING FEES ARE GUARANTEED BY LOANS4LESS. THE INTEREST RATE, POINTS AND REBATE ARE GUARANTEED IF THE RATE IS LOCKED IN AND YOUR LOAN FUNDS BY THE LOCK EXPIRATION DATE.
The amounts listed represent typical closing costs paid for standard Conforming and Jumbo loans. However, there may be additional closing costs that could apply to your particular loan program. For example, appraisal costs may vary according to property value, type and location.
PURCHASES: Please verify charges for: Escrow, Title Insurance, Property Inspection, Pest Control, Liability Insurance, City Transfer Taxes and/or other costs, if any, with your Real Estate Agent.
CALIFORNIA ESCROW & TITLE INCLUSIVE REFINANCE CLOSING COST PACKAGE:
You can shop and choose your own Escrow & Title services. However, Loans4Less has arranged a very competitive centralized Escrow & Title inclusive refinance closing cost package offered through First American Title Insurance Company. This is available on refinance loans up to $10 million for California one-to-four unit owner occupied residential properties.
THE FOLLOWING SETTLEMENT COSTS INCLUDE:
First American Eagle title insurance policy, customarily issued endorsements, escrow services, up to 4 wire transfers, 1 electronic document download, local messenger deliveries (excluding special messenger), up to 4 overnight (letter size or equivalent) mail services, preparation of 1 document, 1 subordination and signature services. It's all that a borrower generally needs to close a typical refinance transaction.
TYPICAL CHARGES THAT ARE NOT INCLUDED:
[Not limited to]: Recording fees, transfer taxes and/or any other governmental fees or charges.
CALIFORNIA REDUCED REFINANCE CLOSING COST PACKAGE:
*Includes a $25 fee to email the closing package to the notary service for same day signing.
Liability Loan Amount
$100,001 - $250,000
$250,001 - $450,000
$450,001 - $650,000
$650,001 - $850,000
$850,001 - $1,000,000
$1,000,001 - $1,500,000
$1,500,001 - $2,000,000
$2,000,001 - $3,000,000 |
*Cost
$ 860
$1080
$1410
$1685
$1905
$2235
$2675
$3275
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Union Discount Mortgage, Inc. is licensed by the California Dept. of Real Estate, Real Estate Broker License Number 01166995.
Nationwide Mortgage Licensing System (NMLS) Identification Number 235831. Union Discount Mortgage, Inc., a California Corporation DBA Loans4Less and Platinum Properties is a wholly owned subsidiary of Loans4Less.com, Inc. a Delaware Corporation and is hereby advertised as Loans4Less.com/California.
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