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No Fee Mortgage
Select our No Closing Cost Loan and save thousands at closing!

 

Below is an example of closing costs for this selection. This rate is based upon a $165,000 loan, single-family residence, purchase of a primary-residence worth at least $206,250. You will document your income and down payment.

We'll show each charge on your Good Faith Estimate, then show a credit at closing. Please note the credit from Mortgage Market of Florida and your net cost is $0.00 at closing.

These fees can vary depending on geographic location. Please contact us for fees related to your specific loan and location.

You will be responsible for costs such as interest to close, taxes, insurance, mortgage insurance, homeowners association dues, and any deposits needed for an escrow account.

Example
800 Items Payable In Connection With Loan
801 Loan Origination Fee $0.00
802 Loan Discount Points $0.00
803 Appraisal Fee* $350.00
804 Credit Report $0.00
805 Lender Inspection Fee $0.00
808 Mortgage Broker Fee $0.00
810 Processing Fee $0.00
811 Underwriting Fee $795.00
812 Wire Transfer Fee $17.00
813
Documentation Fee $0.00
-
Flood Certification $12.00
-
Tax Service $60.00

-

Mortgage Electronic
Recording Service
$4.95
-
Application Fee $0.00
Sub Total $1,238.95
* We will credit up to $350 at closing for your appraisal.  
1100 Title Charges
1101 Closing or Escrow $150.00
1105 Document Preparation Fee $100.00
1106 Notary Fees $0.00
1107 Attorney Fees $0.00
1108 Title Insurance
(provided by seller)
$0.00
-
Alta Title Insurance $250.00
-
Endorsements, FF9 $200.00
-
Additional Fees $0.00
1200 Government Recording & Transfer Charges
1201 Recording Fees $225.00
1202 FL Intangible Tax Stamps $330.00
1203 FL Documentary Tax Stamps $577.50
1300 Additional Settlement Charges
1302 Pest Inspection (not required) $0.00
-
Property Survey $300.00
-
Additional Fees $0
Sub Total $2,132.50
   
Example of estimated closing costs......

$3,371.45  

Minus credit at closing from Mortgage Market of Florida.....

-$3,371.45

   
Net closing costs paid by borrower:

$0.00

 
 
 
Equal Housing LenderVA Approved Provider

Rates as of 01/04/2009 06:46:35 PM EST.
All rates, fees, and loan programs subject to change without notice.
APR & Fine Print.
Copyright © 2008 Mortgage Market of Florida.