The Glen Financial charges $0 BROKER FEES. However, the loan process involves several parties in addition to the mortgage broker. These parties include the title company, appraiser, credit agency, courier service, and state and local governments. These parties have their own charges which are separate from the actual lending charges.
PLEASE NOTE: When comparing closing costs, many brokers and lenders do not include title costs. We don't want you to have any surprises at the closing table. When you receive a written Good Faith Estimate from The Glen Financial we guarantee the charges. We will even guarantee title charges on refi's. If you close within your rate lock period, and the closing costs vary at all from our estimates, we will cover the difference, no questions asked. NO SURPRISES, NO JUNK CHARGES. Call for details.
Depending on the purpose and amount of your loan, the following figures may change slightly. Also, please keep in mind that you have the option of having $0 closing costs or rolling the closing costs into the loan amount. However, based on our closed loans, we are confident you can expect to pay the following amounts, or less:
Appraisal: |
$250 |
Credit Report: |
INCLUDED |
Underwriting: |
$600 |
Tax Service: |
INCLUDED |
Title Insurance: |
Refi - $225
Purchase - depends on seller's title company |
Closer: |
$225 |
Flood Certification: |
INCLUDED |
Courier: |
INCLUDED |
Recording: |
$75 |
TOTAL |
$1375 for Refi
(purchase loans depend on amount) |
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