mortgage

Arkansas closing costs

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Arkansas closing costs
Origination fees charged by lenders$915
Third-party fees$990
Total$1,905
CityLittle Rock
Loan amount$200,000
Itemized origination fees charged by the lender
Origination points$353
Commitment fee$370
Document preparation$58
FundingN/A
Broker, originator or lender$793
Processing$882
Tax service$75
Underwriting$350
Itemized third-party fees
Appraisal$495
Attorney, closing or settlement$362
Credit report$25
Flood certification$10
Pest and other inspectionN/A
Postage/courier$100
Survey$468

Bankrate.com surveyed up to 10 lenders in each state in March and April 2017 and obtained online Loan Estimates for a $200,000 mortgage to buy a single-family home with a 20 percent down payment in a large city. Costs include fees charged by lenders, as well as third-party fees for services such as appraisals and credit reports. The survey excludes title insurance, title search, taxes, property insurance, association fees, interest and other prepaid items. The itemized average fees do not total to the average fees because the lenders' charges vary. For example, not all lenders charge a document preparation fee.

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