TODAY'S RATE*
30 Year Fixed 6.375%
15 Year Fixed 5.875%
10 Year Fixed 5.875%
FHA/VA 30 YR Fixed 6.375%
ApprovedMortgageOnline.com's closing costs are:
Discount Fee NONE
Processing Fee 150.00
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Our Total Fees 150.00
Third Party Fees
These are the usual and customary fees paid to a third party service provider to process and close your loan:
Appraisal Fee 300.00
Closing Agent Fee 225.00
Courier Fee 45.00
Credit Bureau 20.00
Recording Fee 96.00
Flood Certificate 11.00
Tax Service Fee 75.00
Title Policy
Purchase 225.00
Refinance varies by loan amount, call for quote
Underwriting
/ Administration Fee 550.00
varies by lender
Kansas Mortgage Registration Tax
(State of Kansas only) .26% of loan amount
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Estimated TOTAL closing costs
Based on $175,000.00
purchase loan $1697.00
Prepaid Items Required:
In addition to closing costs, you will be required to prepay a few items at closing. These are not additional costs to obtain the loan, but are items required to prepay for property tax escrow, homeowners insurance escrow, mortgage insurance escrow (if required), and per diem interest.
Per Diem Interest
From date of closing to end of month.
1st years Homeowners Insurance
First years premium for policy if due.
Homeowners Insurance Escrow
2 to 3 months depending on Closing Date
Property Tax Escrow
2 to 3 months depending on Closing Date
We will be happy to prepare a comprehensive "Good Faith Estimate" for you based upon your mortgage requirement. Contact our office and a loan professional will ask a few questions to allow us to prepare a specific "Good Faith Estimate" generated for your particular property.