FAQs
If your questions are still not answered, we have a team of professionals in each office ready to assist you!
Who Pays What at Closing?
| Buyers | Sellers | |
|---|---|---|
| FHA |
Origination Fee Appraisal Credit Report Prepaid Interest Discount Points* Inspection Fee* Homeowners Insurance Premium (1st Year) Escrows - Insurance/Taxes Closing Fee Mortgage Title Insurance Recording Fee Underwriting Fee Termite Inspection* Survey One-Time MIP* |
R.E. Brokerage Photos Deed & Affidavit Owners Title Insurance Document Preparation Fee Health & Hospital* Tax Service Fee |
| VA |
Origination Fee Appraisal Credit Report Prepaid Interest Homeowners Insurance Premium (1st Year) Escrows - Insurance/Taxes Mortgage Title Insurance Recording Fee Survey 1% VA Funding Fee |
R.E. Brokerage Discount Points Inspection Fee Photos Deed & Affidavit Owners Title Insurance Document Preparation Fee Underwriting Fee Health & Hospital Termite Inspection Tax Service Fee Closing Fee |
| CONV |
Origination Fee Appraisal Credit Report Prepaid Interest Homeowners Insurance Premium (1st Year) Escrows - Insurance/Taxes Closing Fee Mortgage Title Insurance Recording Fee Survey Discount Points Photos FNMA Underwriting Fee One Year PMI Inspection Fee |
R.E. Brokerage Deed & Affidavit Owners Title Insurance |
* These and other miscellaneous items may be charged either to buyer or seller depending on lender requirements or purchase agreement.
