Standard Closing Fees for Residential Refinances*
Settlement Fees |
$250.00 |
|---|---|
Title Search |
$195.00 |
Title Binder |
$95.00 |
Notary Fee |
$9.00 |
Courier/Handling Fee |
$68.00 |
Digital Archiving Fee |
$25.00 |
Obtain Payoff/Release of each Old Trust |
$125.00 |
Title Insurance: The new Lender will require a Lender's Title Insurance policy. The cost of this policy is $2.90/$1,000 of the loan amount for the first $100,000 and $2.40/$1,000 up to $500,000 and $2.00/thousand thereafter and the premium is paid by the borrower. If you currently have an Owner's Title insurance policy (less than 10 years old), we will issue the new Lender's policy at a discount of 30% based on amount of owner's policy.
If it becomes necessary to do a mail away, closing Key Title will charge an additional $100.00. An Electronic Title search fee of $15.00 may be applicable on some cases.
Government Fees*
The State/County charges the following in conjunction with refinancing:
Record Deed of Trust |
$46.00 |
|---|---|
Taxes |
$3.333/thousand |
Record Release of Old Trust |
$31 per Trust |
*All fees are subject to change and any extraordinary services will be subject to additional charges.
