Magna Financial, a full service mortgage brokerage firm

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Administrative:	$125	Notary:	$60
Appraisal:	$350	Processing:	$350
Credit Report:	$21	Recording:	$50
Document Prep.:	$225	Underwriting:	$450

Total Closing Cost $1631

Estimated Escrow Fee:	$500
Estimated Title Ins. Fee:	$568
Origination Fee (Points):	based on your preference

About Closing Costs
If you have questions about these cost, please don't hesitate to contact us.

A lender must provide you with a Good Faith Estimate (GFE) of closing costs with your loan application. Generally you will receive a minimum of two such GFE's during your loan process-- one at the beginning of the loan application process and one at closing. If you change your loan program mid-stream you may receive more than two. The above is a sample of a typical list of expenses involved in a mortgage loan application. Keep in mind: estimating closing costs is not an exact science!

* All of the above are estimates. Your costs will vary depending on your loan size. Fee Schedule may not include all fees associated with loan transaction, and does not include title insurance policies and escrow fee. The above sample does not include any recurring closing costs (such as property tax and insurance). Impounds for tax, insurance and mortgage insurance, which may be required on some loans, are not included. Legal fees and mortgage tax, applicable in some states, are also not included. Rates, points and fees cannot be guaranteed and are subject to change without notice. This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Maximum Loan amount for a conforming loan is $322,700. Jumbo is a loan amount in excess of $322,700.

Let Magna Financial provide you with low mortgage payments today...

Let Magna Financial broker your home loans,whether financing or refinancing for the lowest rates.

Let Magna Financial broker your home loans,
whether financing or refinancing for the lowest rates.