QUAD CITIES REAL ESTATE WITH RE/MAX
SERVING THE ENTIRE IOWA AND ILLINOIS QUAD CITIES ............................................................
DAVENPORT - BETTENDORF - ROCK ISLAND - MOLINE AND SURROUNDING COMMUNITIES
TOM & CYNDEE
BROWNER
CRS, ABR, GRI, e-PRO, CRB, MRA.
BROKER OWNERS - RE/MAX BI-STATE
SERVING IOWA & ILLINOIS
DAVENPORT - BETTENDORF - MOLINE - ROCK ISLAND AND SURROUNDING COMMUNITIES
563-388-0008 Office - 563-570-7629 Cyndee's Cell - 563-343-1092 Tom's Cell
BANK OF AMERICA
TYPICAL CLOSING COST
Application $ 200
Appraisal $ 250 to $300
Flood Certification that Property is not in Flood Zone $ 11
Tax Service Fee $ 70
Commitment Fee $ 500
Settlement and Closing Fees $ 250 to $275
Abstract Search $ 220
Title Exam $ 150
Courier to pay off Old Mortgage $ 30
Recording Fee $ 35 to $48
Discount Points to Reduce Interest Rate
Typically about $1,504 plus any Discount Points
Plus Escrows for 2 to 3 Months Property Taxes
2 months Insurance
2 months Private Mortgage Insurance
You should also have assets for two months payments in reserve.