Bank of America Home Loans
1656 California Street
San Francisco, CA 94109
415-682-9798
Lic # Exempt
Fees Related To Each Loan
The following is an example of estimated settlement charges related to a $175,000 purchase loan transaction in the San Francisco, CA area, with this company. This does NOT include charges for the following:
· Origination charges (charge you pay to a mortgage lender or mortgage broker for getting a loan for you) to the extent such charges have already been disclosed as "origination points" as part of your rate quote
· Discount points, if any, (charge you pay to obtain/reduce a particular interest rate for your loan). Such points, if any, should be disclosed as "discount points" as part of your rate quote
· Owner’s title insurance, if any (charge you pay if you choose to insure your interest in the property)
· State and Local transfer taxes, if any
· Initial deposit on escrow accounts, if any, for items such as homeowner's insurance, mortgage insurance or property taxes
· Daily interest charges, if any
· Mortgage insurance premiums, if any
· Homeowner’s insurance premiums, if any
THIS LIST IS NOT MEANT TO MATCH OR TAKE THE PLACE OF A GOOD FAITH ESTIMATE WHICH IS MORE COMPREHENSIVE AND WILL FULLY DISCLOSE THE DETAILS OF YOUR SPECIFIC LOAN TRANSACTION, INCLUDING ALL COMPENSATION BEING RECEIVED BY THE LENDER AND/OR BROKER.
All fees shown here are provided by lenders and are believed to be accurate, but cannot be guaranteed and are subject to change without notice. Additional fees may be charged depending on your specific loan transaction. These fees may vary widely among lenders. A more complete list of settlement charges, tailored to your specific loan transaction, entitled "Good Faith Estimate", should be provided to you by your mortgage lender or mortgage broker when you apply for a loan.
For a sample Good Faith Estimate form that includes a further explanation of settlement charges, visit www.hud.gov and search for “Good Faith Estimate”.
| Origination Charge: |
$919.00
|
| Appraisal Fee: |
|
| Credit Report Fee: |
|
| Tax Service Fee: |
$75.00
|
| Flood Certification Fee: |
$11.00
|
| Title Services + Lender's Title Insurance: |
|
| Settlement/Closing Fee: |
$550.00
|
| Attorney Fee: |
|
| Survey Fee: |
|
| Government Recording Charges: |
$75.00
|
| |
| TOTAL |
$1,630.00 |
| 
