1. Our Origination Charge
This charge is for getting this loan for you.
2. Your credit or charge (points) for the specific interest rate chosen
A Your Adjusted Origination Charges
3. Required Services That We Select
These charges are for services we require to complete your settlement.
We will choose the providers of these services.
4. Title service and lender's title insurance
This charge includes the services of a title or settlement agent, for example, and title insurance to protect the lender, if required
5. Owner's title insurance
You may purchase an owner's title insurance policy to protect your interest in the property.
6. required services that you can shop for
These charges are for other services that are required to complete your settlement. We can identify providers of these services or
you can shop for them yourself. Our estimates for providing these services are below.
7. Government recording charges
These charges are for state and local fees to record your loan and title documents
8. Transfer taxes
These charges are for state and local fees on mortgages and home sales
9. Initial deposit for your escrow account
This charge is held in an escrow account to pay future recurring charges on your property and includes:
10. Daily interest charges
This charge is for the daily interest on your loan from the day of your settlement until the first day of the
next month or the first day of your normal mortgage payment cycle. This amount is $
per day for
(if your settlement is ).
11. Homeowner's insurance
This charge is for the insurance you must buy for the property to protect from a loss, such as fire.
B Your Charges For All Other Settlement Services
Total Estimated Settlement Charges
How May We Be Of Service? *