I have:

Escro Fee to (TITLE COMPANY) 425.00

Loan Tie In Fee 150.00

Outside Courier/Special Messenger 23.00

Email Doc Fee   75.00

 

What is a $75 email doc fee?  That seems kind of out there.

Those look reasonable.

email doc fee normal as well----rather than a fed 'exed loan pkg that the escrow normally made copies of, they are charging you to download/print and make copies...

Yea those are legit

 

what state and what is the loan size

They look a little low if you ask me.

California, 300k purchase loan was 80%.

We paid $150 for a notary to drive 100+ miles round trip to sign our docs which sounds reasonable... makes $75 to print an email sound rediculous.  They got very defensive when I asked them about it.

 

This was the whole breakdown

Escrow as described

Title charges

14 ALTA Loan Policy 2006 for  $240000     435.00

Endorsement fee  25.00

Recording deed   20.00

Recording Trust Deed   80.00

Lenders fees:

Apraisal 405.00

Credit report 14.00

Flood Life Loan to Bank 65.00

Tax Service for Bank 250.00

Processing Fee to Bank 410.00

Interest for 17 days 561.24

Hazard Premium 627

 

Notary fee $150

There was no origination fee and there was some county taxes on top of this I had to pay.

I substituted the word Bank for my lender...

 

Internet is not free and either is email and web technology. All of these luxurys that help mortgage closing become more efficient have a cost associated with them. What you may see as a ridicules fee is actualy going towards a cost to the business owner. Everyone wants there mortgage and closing for free but unfortunately we have costs that we must cover. Believe me when I say that the people left in this business are not in it for the money. Mortgages are extremely expensive to origoinate and the revenues are considerably down. Another key note is you have to realize that the record amount of loan denials have a cost to the mortgage companies. Unfortunately that added expense to the mortgage companies is spread amoung the few loans that actually get closed.

Nothing out of place there.