Fees When Buying A House -

: The lender charged a fee to process and "underwrite" their mortgage application, often starting at 0.5% to 1% of the loan .

Here is the story of the fees they encountered on their way to the front door: The "First Impressions" Fees fees when buying a house

As the closing date approached, the administrative costs—often called —began to stack up, typically totaling 2% to 6% of the loan amount : : The lender charged a fee to process

: To show they were serious, they put down about 1% to 3% of the purchase price ($4,000–$12,000) into an Escrow Account , which would eventually count toward their down payment . : They paid $300–$500 for a pro to

Finally, at the closing table, Sarah and Mike had to "prepay" for certain future expenses:

: A title company charged about $300–$2,500 to search public records and ensure no one else could claim ownership of the home .

: They paid $300–$500 for a pro to crawl through the attic and check for leaks. This was an out-of-pocket cost paid directly to the inspector .