Rates & Fees

Refinance Purchase

Westcor Rates
Westcor Website

Old Republic Rates
Old Republic Website 

Stewart Rates
Stewart Website

Real Estate Closing Fees:

  • Single Family 1-4                    $220.00
  • Vacant Land/Builder             $100.00

Loan Closing Fees:

  • Residential                                $225.00

Other Title Fees:

  • Plain Language Policy          $50.00 + Premium Charge
  • Simultaneous Loan Policy   $125.00

 

 

Quick Jump To:

Other Fees, Conventional Loans, VA Loans, FHA Loans

Other Fees:

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Builder/Commercial Rate Call for Quote

FORM 8.1: $50.00

  • Environmental protection against any environmental lien which at the date of the policy is filed in records established under state statutes.

FORM 100: $50.00

  • Protection against violation of covenants, encroachment of improvements onto adjoining lands or into easements, or a court order requiring removal of any encroachment.

FORM 100.11: $50.00

  • Protection against violation of the “Colorado Springs Liquor Covenant;” and loss or damage resulting from violations causing a forfeiture or reversion of title.

FORM 100.30: 10% BASIC RATE (Min. $25.00)

  • Protection against damage to improvements resulting from the right to use the surface for extraction or development of minerals.

FORM 110.7: $50.00

  • Variable Interest Rate (provisions changing rate of interest).

FORM 115.2: 10% BASIC RATE (Min. $50.00)

  • P.U.D. protection against violations of covenants restricting the use of the land, priority of liens for assessments over the insured mortgage, removal of improvements due to encroachments or failure of title due to a right of first refusal to purchase.

CONVENTIONAL LOANS

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Seller Fees

  1. Loan Payoff (Per lenders payoff statement) — Interest is paid in arrears.
  2. Express Mail Fees — $25-$50 per package
  3. Owners Title Policy (Per Legacy Title rate card)
  4. Release of Deed of Trust — $25
  5. Outstanding Taxes Due (per tax certificate)
  6. Tax Proration for Current Year
  7. Commissions
  8. Real Estate Closing Fee — $200 (fee to be allocated per contract)
  9. Homeowners Association Dues & Fees — if applicable (fees to be allocated per contract.)

Buyer Fees

  1. Sales Price
  2. Loan Title Policy — $125
  3. Form 100 — $50 & Form 8.1 — $50 (most commonly required for lender endorsements)
  4. Recording Fees — $5 per page + $1 surcharge for each separate document
  5. State Doc Fee — 10¢ per $1000 of sales price
  6. Improvement Location Certificate (if required — fee to be allocated per contract)
  7. Homeowners Association Dues & Fees — if applicable (fees to be allocated per contract)
  8. Homeowners Insurance Premium (unless under umbrella policy with HOA)**
  9. Homeowners Insurance Reserve Account (unless under umbrella policy with HOA)**
  10. Property Tax Reserve Account**
  11. Mortgage Insurance Reserve Account — if applicable**
  12. Prepaid Interest on New Loan**
  13. Credit Report*
  14. Appraisal Fee*
  15. Loan Origination and/or Discount Points — as determined by lender*
  16. Additional Loan Fees — as determined by lender (i.e., doc pres, underwriting fee, processing fee)*
  17. Tax Service Fees*
  18. Flood Certificate*
  19. Loan Closing Fee — $200
  20. Express Mail Fees — $25-$50 per package
  21. Tax Certificate — $20

*Fees vary per lender (typically reflected as per Lenders Good Faith estimate)
**Prepaid Items (amounts vary and are also typically reflected on Lenders Good Faith estimate)
Note: All closing costs are negotiable but must be addressed per contract

VA LOANS

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Seller Fees

  1. Loan Payoff (Per lenders payoff statement) — Interest is paid in arrears
  2. Express Mail Fees for Buyer & Seller — $25-$50 per package(non-allowable charge to buyer)
  3. Owners Title Policy (Per Legacy Title rate card)
  4. Release of Deed of Trust — $25
  5. Outstanding Taxes Due (per tax certificate)
  6. Tax Proration for Current Year
  7. Commissions
  8. Real Estate Closing Fee — $200 (non-allowable charge to buyer)
  9. Homeowners Association Dues & Fees — if applicable (statement fee is non-allowable charge to buyer)
  10. Additional Loan Fees — as determined by lender (i.e., doc prep, underwriting fee, processing fee — non-allowable charges to buyer)*
  11. Tax Service Fee — (non-allowable charge to buyer)*
  12. Loan Closing Fee — $200 (non-allowable charge to buyer)

Buyer Fees

  1. Sales Price
  2. Loan Title Policy — $125
  3. Form 100 — $50 & Form 8.1 — $50 (most commonly required for lender endorsements)
  4. Recording Fees — $5 per page + $1 surcharge for each separate document
  5. State Doc Fee — 10¢ per $1000 of sales price
  6. Improvement Location Certificate (if required — fee to be allocated per contract)
  7. Homeowners Association Dues & Fees — if applicable
  8. Homeowners Insurance Premium (unless under umbrella policy with HOA)**
  9. Homeowners Insurance Reserve Account (unless under umbrella policy with HOA)**
  10. Property Tax Reserve Account**
  11. Prepaid Interest on New Loan**
  12. Credit Report*
  13. Appraisal Fee*
  14. Loan Origination and/or Discount Points — as determined by lender*
  15. Flood Certificate*
  16. Tax Certificate — $20
  17. VA Funding Fee

*Fees vary per lender (typically reflected as per Lenders Good Faith estimate)
**Prepaid Items (amounts vary and are also typically reflected on Lenders Good Faith estimate)
Note: Seller can pay any prepaids and closing costs for buyer as agreed per contract except for VA Funding Fee if it is financed

FHA LOANS

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Seller Fees

  1. Loan Payoff (Per lenders payoff statement) — Interest is paid in arrear
  2. Express Mail Fees for Buyer & Seller — $25-$50 per package(non-allowable charge to buyer
  3. Owners Title Policy (Per Legacy Title rate card
  4. Release of Deed of Trust — $25
  5. Outstanding Taxes Due (per tax certificate)
  6. Tax Proration for Current Year
  7. Commissions
  8. Real Estate Closing Fee — $200 (fee to be allocated per contract)
  9. Homeowners Association Dues & Fees — if applicable
  10. Additional Loan Fees — as determined by lender (i.e., doc prep, underwriting fee, processing fee — non-allowable charges to buyer)*
  11. Tax Service Fee — (non-allowable charge to buyer)*
  12. Tax Certificate — $20 (non-allowable charge to buyer)

Buyer Fees

  1. Sales Price
  2. Loan Title Policy — $125
  3. Form 100 — $50 & Form 8.1 — $50 (most commonly required for lender endorsements)
  4. Recording Fees — $5 per page + $1 surcharge for each separate document
  5. State Doc Fee — 10¢ per $1000 of sales price
  6. Improvement Location Certificate (if required — fee to be allocated per contract)
  7. Homeowners Association Dues & Fees — if applicable***
  8. Homeowners Insurance Premium (unless under umbrella policy with HOA)**
  9. Homeowners Insurance Reserve Account (unless under umbrella policy with HOA)**
  10. Property Tax Reserve Account**
  11. Prepaid Interest on New Loan**
  12. Credit Report*
  13. Appraisal Fee*
  14. Loan Origination — as determined by lender*
  15. Flood Certificate*
  16. FHA Mortgage Insurance
  17. Loan Closing Fee — $200

*Fees vary per lender (typically reflected as per Lenders Good Faith estimate)
**Prepaid Items (amounts vary and are also typically reflected on Lenders Good Faith estimate)
Note: Seller can pay any prepaids and closing costs for buyer as agreed per contract except for upfront FHA mortgage insurance if it has been financed

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