VA and FHA Mortgages

SELLER EXPENSES

• Doc stamps on deed $.70 per $100 based on sales price.
  
• Real estate commission
  
• Owners title insurance policy
  
• Payoff existing mortgage (s)
  
• Courier fee (if applicable)
  
• Taxes prorated to date of closing
  
• Inspections required by FHA/VA or contract*
  
• Final inspection*
  
• Loan discount points (negotiable)*
  
• Tax service fee
  
• Underwriting fee* (VA Only)
  
• Document preparation fee* (VA Only)
  
• Assignment of mortgage
  
• Termite inspection - VA only
  
• Home warranty (if applicable)
  
• Flood certification fee
  
• Closing and Search Fee

BUYER EXPENSES

• Recording fees for deed $10.00 first page; $8.50 each additional page and total recording of mortgage will approximately be  $180.00
  
• Doc stamps on mortgage $.35 per $100 based on mortgage amount
  
• Intangible tax on mortgage $.002 x mortgage amount
  
• Simultaneous issue mortgagee title insurance
  
• Endorsement charges
  
• Homeowners association dues and transfer fee (if applicable)
  
• Condominium approval fee and dues (if applicable)
  
• Survey
  
• 1st year homeowners insurance and flood insurance (if applicable)
  
• Prepaid interest - day of closing through end of month*
  
• Loan origination fee and points*
  
• Loan discount points (negotiable)*
  
• FHA upfront MIP - FHA only
  
• VA Funding fee - VA only
  
• Closing fee/FHA

Click to view our Schedule of Rates for Title Insurance