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STATISTIC: Oregon jumped from 41st to 20th most expensive |
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closing costs in 2008. |
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| Closing costs averages: Iowa |
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| Closing costs |
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Iowa |
Loan amount: $200,000 |
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Des Moines, Iowa |
| Origination fees |
| Points ($) |
$1,034.40 |
| Application fee |
$306.67 |
| Commitment fee |
$532.50 |
| Document preparation |
$285.00 |
| Funding fee |
$0.00 |
| Origination or lender fees |
$1,155.33 |
| Processing |
$419.00 |
| Tax service |
$54.00 |
| Underwriting |
$300.00 |
| Wire transfer |
$0.00 |
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| Title and closing |
| Appraisal |
$295.83 |
Attorney, closing or
settlement fee |
$414.38 |
| Credit report |
$17.15 |
| Flood certification |
$11.98 |
| Pest, other inspection |
$50.00 |
| Postage/courier |
$29.82 |
| Survey |
$141.67 |
| Title insurance |
$543.57 |
| Title work: title search, plat drawing, name search, endorsements |
$280.71 |
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| Total origination |
$1,514.00 |
| Total title and closing |
$1,290.00 |
| Total origination plus title |
$2,804.00 |
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TOP MORTGAGE STORIES |
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2008 closing costs study
