Flat Fee Mortgage Program
Our Flat Fee Program now offers “ALL” our qualified members purchasing or refinancing a 1-4 family owner-occupied properties in NJ or PA a saving of over $1,200.00 in mortgage related fees. The below fees are no cost to you!
Origination Fee: $500.00
Appraisal Fees: $ 375.00**
Credit Report: $ 33.00
Flood Certification: $ 12.00
Tax Service: $ 85.00
IRS Tax Certification: $20.00
Mortgage Recording Fee: Approx $190.00
You will be responsible for the following costs and reserves:
· Interim Interest
· Funding of your escrow account with amounts varying in accordance with time of closing
· Private Mortgage Insurance ( PMI) premium, if LTV over 80%
· Title Insurance
Additional costs for Purchases:
· Survey Costs
· Realty Transfer Taxes
· Deed Recording
· Borrower Attorney fees
· All settlement items between borrower/purchaser and seller for the purchase of the borrower’s home.
Once we receive a completed application you will be sent an Initial Disclosure Package which includes your Loan Estimate.
** Based on Single Family home appraisal