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Title Insurance For El Paso County, Colorado

Assumption Buyer's Costs



 

1 Recording

2 Doc Fee (10 cents per $1000 of sales price)

3 Premium for hazard insurance

4 FHA MIP Proration (negotiable)

5 Loan Transfer fee:

* No qualifying --- Standard fee is typically $45.00 (VA) or $125.00 (FHA)

* Qualifying --- Ranges from $500 to 1% of loan balance at time of assumption (per contract)

* Conventional --- Charges and terms should be discussed with lender involved

6 Real Estate Closing fee (per contract)

7 Tax Certificate


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Warning
* All amounts determined by new lender

All rates listed above are subject to change.

For the most accurate rates always contact us at our Colorado Springs office # 719-590-1891
or Monument office,# 719-488-2448 or click here to E-Mail us.

Thank you and come again.