Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

22
Posts
2
Votes
Steven Rogers
  • Redmond, WA
2
Votes |
22
Posts

Loan fees - are these all normal?

Steven Rogers
  • Redmond, WA
Posted

Hi All,

I'm in the midst of getting a loan on a 3 plex unit with 25% down. While reviewing the loan, it seemed like my net closing costs is quite high - are the fees below all reasonably priced/expected? I'd love to see what others think. This is in Texas by the way.

Thanks

$1500 - Origination fee

$275 - Doc prep fee

$425 - Appraisal Fee

$375 - Closing/Escrow fee

$100 - Lenders title insurance

$200 - Title Endorsements

$1207 - Owners title insurance

$400 - Survey

$120 - mortgage recording change

Loading replies...