Estimated FHA closing costs for sellers -buyer getting an FHA loan

FHA LOAN SELLER’S CHARGES (buyers getting an FHA loan)

1. Loan Payoff (per existing lender’s payoff letter)
2. Commissions (per contract)
3. Title Insurance-Owner’s Title Policy
4. Tax Certificate
5. Prior Year Taxes Due
6. Prorated Taxes for the Current Year
7. Water & Sewer Bill
8. Record Release of Existing Loan
9. Inspection Fee*
10. Loan Discount Fee* -as per contract
11. Assignment of Deed of Trust* (if applicable)
12. Document Preparation* (if applicable)
13. Tax Service Fee*
14. Real Estate Closing Fee
15. Express Mail Fees (if applicable)
16. 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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