Estimated FHA closing costs for buyers -buyers getting an FHA loan

BUYER’S CHARGES (buyer getting an FHA loan)

1. Purchase Price
2. Mortgage Title Policy
3. Miscellaneous Title Endorsements as Required by the New Lender (see title commitment)
4. Recording Fees
5. Loan Discount Fee
6. Doc Fee (.01 cent per $100 of sales price)
7. Hazard Insurance Premium (1st year) and reserves
8. FHA Mortgage Insurance *premium and. Reserves
9. Loan Discount Fee- as per contract
10. Tax Reserve Account
11. Survey*
12. Credit Report*
13. Appraisal*
14. Interest on New Loan*
15. Express Mail Fees (if applicable)
16. Real Estate and Loan Closing Fees
17. Homeowners Dues, Fees, etc.

*Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.

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