Are these reasonable closing costs for a$140,577.00 FHA loan.30 yrs at a 5.875 fix rate.PMI $50 a month.? - title insurance endorsements
Closing costs are for the following reasons. All costs of junk?
To open 508% Commission $ 702.89.
Rate Apraisal. $ 450
Credit Report $ 16
Flood of life of the loan rate $ 19
Processing speed of 400 $
Tax service fee $ 78
First FHA MIP $ 2077
Title Insurance $ 833
Endorsement to another Title-100
Closing / Escrow / Transaction $ 338.50
Response rate to $ 90
Registration fee - $ 55 Writing
Courier/msngr- 3rd party $ 100.
Tuesday, January 19, 2010
Title Insurance Endorsements Are These Reasonable Closing Costs For A$140,577.00 FHA Loan.30 Yrs At A 5.875 Fix Rate.PMI $50 A Month.?
2 comments:
Well, many of these fees are paid to the company title, not the lender. And the contribution rate is the auctioneer, so it is not the lender. The advance of the FHA MIP FHA, but it will be financed in the loan.
So here is what keeps the bank.
$ 702 + 16 + 19 + 400 = $ 1,137
and the 400 is probably another company paid as well, then maybe only $ 737 is paid to the lender.
I think that the lender has a very good deal. Ask them if they are registered in Texas. I'm sending a few stores. ... And loan officer in San Antonio will tell you that I will not allow a lender to get all my customers.
Not too bad ... My 6700 $ are 118,000 for a house. We cut some expenses apprasier haveing apprase our own house, you can ask your lawyer about ways to reduce the cost some.
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