Refinance
When refinancing a property, the borrower pays:
| Record mortgage | $240 est |
| State documentary tax | Mortgage amount x .0035 (ex: $50,000 x .0035 = $175) |
| Intangible tax | Mortgage amount x .002 (ex: $50,000 x .0024 = $100) |
| Settlement fee | $335 |
| Mortgage title policy | Mortgage amount x .575 (ex: $50,000 x .575 = $287.50) |
| Title endorsements | $170 est |
| Property survey | $235 est (No charge if able to provide prior survey) |
| Loan fees | Determined by your lender |
| Prepaids | Determined by your lender |
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