The following fees are payable by the buyer:

1. Origination fees
2. Insurance impounds
3. Appraisal fees
4. Discount points
5. Credit report fees
6. Escrow payments
7. Interest adjustment fees
8. Homeowner’s Association Fees
9. Mortgage insurance impounds
10. Prepaid insurance
11. One-time mortgage insurance premium (for FHA mortgages)
12. Tax impounds
13. VA funding fee (for VA mortgages)
14. Title insurance policy fee
15. Documentation fees

Tags: Buyers, Fees, Home Buying Procedure

This entry was posted on July 4, 2011 at 12:53 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.