Closing costs are a function of the title company and are not included here, we do not collect those fees. Additionally there will be hazard insurance, which is based on the provider you select. Fees we do not collect that are part of the loan include an appraisal fee of $450 paid directly to the appraiser, a survey (only if required) of around $375, and flood certificate of around $20. Competitor costs for appraisals and surveys are about the same.
*Interest rate and points subject to loan amount and real estate experience of the guarantor.