North Dakota Closing Costs
July 30, 2010
Rate quotes and closing fees are based on a loan amount of $100,000.
ND FHA
Items Payable in Connection with Loan:
| Mortgage Broker/Origination fee of 1%: | $1,000 |
| Appraisal fee: | $565 |
| Underwriting fee: | $665 |
| Flood certification: | $19 |
| Processing fee: | $250 |
| Title Charges: | |
| Closing/Escrow fee: | $405 |
| Title Insurance and Abstracting fees: | $225 |
| Government Recording & Transfer Charges: | |
| Recording fees: | $75 |
| Estimated closings costs: | $3,204 |
| Items Required by Lender to be Paid in Advance*: | |
| Interest: | TBD |
| Upfront Mortgage Insurance Premium: | TBD |
| Homeowner’s Insurance Premium: | TBD |
| Property Tax: | TBD |
| Reserves Deposited with Lender*: | |
| Homeowner’s Insurance Premium | TBD |
| Taxes & Assessments | TBD |
Notice: Prices are subject to change without notification. Please contact a local office for a personalized Good Faith Estimate.
*May be required for you to prepay in escrow to cover expenses such as homeowner’s insurance, prepaid interest on your new mortgage, and mortgage insurance (if applicable).
