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Use of This Form
The mortgage settlement statement explained
Settlement services comparisons: As you shop for settlement services, you can use the Settlement Cost Worksheet as a guide, noting on it the different services required by different lenders and the different fees quoted by different service providers.
SETTLEMENT COSTS WORKSHEET (Use this worksheet to compare the charges Provider Provider Provider
Of various lenders and providers of settlement services.) 1 2 3
800. ITEMS PAYABLE IN CONNECTION WITH LOAN:
801. Loan origination fee %
802. Loan Discount %
803. Appraisal fee to:
804. credit report to:
Lender?s inspection fee
Mortgage insurance application fee to
Assumption fee
808.
809.
810.
811.
812.
813.
814.
815.
ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE:
901. Interest from to @ $ /day
902. Mortgage insurance premium for mos. to
903. Hazard insurance premium for yrs. to
904. Flood insurance premium for yrs. to
905.
1000. RESERVES DEPOSITED WITH LENDER:
1001. Hazard insurance months @ $ per month
1002. Mortgage insurance months @ $ per month
1003. City property taxes months @ $ per month
1004. City property taxes months @ $ per month
1005. Annual assessments months @ $ per month
1006. Flood insurance months @ $ per month
1007. months @ $ per month
1008. months @ $ per month
1100. TITLE CHARGES:
1101. Settlement of closing fee to
1102. Abstract or title search to
1103. Title examination to
1104. Title insurance binder to
1105. Document preparation to
1106. Notary fees to
1107. Attorney?s fee to
1108. Title insurance to
1109. Lender?s coverage $
1110. Owner?s coverage $
1111.
1112.
1113.
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES:
1201. Recording fees: Deed $ ; Mortgage $ ; Release $
1202. City/county tax / stamps: Deed $ ; Mortgage $
1203. State tax / stamps: Deed $ ; Mortgage $
1204.
1205.
1300. ADDITIONAL SETTLEMENT CHARGES:
1301. Survey to
1302. Pest inspection to
1303.
1304.
1305.
1306.
1307.
1308.
1400. TOTAL SETTLEMENT CHARGES For more information please contact Prime Lend America Mortgage Corporation - Call Toll-Free: 1-877-US-PRIME
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