Conventional loan app fee

[Chris Garrett]

I’m doing my first buy and hold purchase for a long term rental. I’ve received my loan docs back from my (conventional) mortgage lender and he’s included a $995 loan fee. This seems a bit excessive to me. Also included is 0.5% points and prepaid (12 months) of insurance @ $600. The loan amount is only 54k. Any thoughts? The loan application fee seems high to me and Is prepaid insurance normal? Thanks!