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Mortgage Fee Comparison

Typical Lender Fees Tower National Lender A National Lender B National Lender C
Origination Charge $1,570 $2,400 $2,400 $2,685
Appraisal 0 315 400 500
Closing 0 0 0 0
Courier 0 0 0 0
Credit Bureau 0 15 20 50
Doc Prep 0 0 0 0
Flood Certification 0 7 18 15
Inspection 0 0 0 0
Notary 0 0 0 0
Processing 0 0 0 0
Tax Service 70 55 0 105
Underwriting 0 0 0 0
Wire Transfer 0 0 0 0
Total Fees * $1,640 $2,792 $2,838 $3,355
Example based on a loan amount of $240,000

* Fee schedule does not include all closing costs associated with loan transaction, such as review fee, attorney fees, title search, survey, title insurance policies and endorsements, escrows and prepaids, state and local recordation and transfer tax. Fee schedule is based on a Maryland property conforming loan and $200 discount off review fee for choosing Tower Title Services for a Tower mortgage settlement.

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