- Example Only
(rates, fees, and typical requirements, adjusted relative to various economic, market, and other conditions)


$350 Appraisal (not typically waived)
(Commercial Appraisals typically cost $5,000 - pending property and environmental concerns)
$25 Tri-Merge Credit Report per Couple or a single Borrower
        $75 Tri-Merge Credit Report for multiple Borrowers such as for Investors and LLC's, Corp.'s, etc
(Tri-Merge Credit Report's charged 1st time only...No fee for your repeat business after that), reports good for 2 to 6 months pending lender)

$60 Tax Service Fee
$30 Flood Cert. (Mountain  Flood Plans
$375 Processing Fee (maybe waived) (for Commercial loans between $1Million and $10 Million (small business loans), the processing fee (if charged) is $1,750 and for larger financing...... loans over $10 Million the fee is $3,725) NOTE: If charged...we refund at closing if payed upfront
$425 Underwriting (Typically up to $5,000 for Commercial...pending lender type)
$60 Wire Transfer Fee (payoff to old lender)(usually $30)
$60 Courier Fee (maybe as low as $0 but often $30)
$350 MAX (Title Co., and County Filing & Recording Fees) - Commercial fees are typically $
$100 for 2 months Mortgage Ins if financing 80% or more of FMV (Full Market Value
$1,400 ..be prepared to pay a full years County Tax's plus 2 months tax reserves (varies pending time of year)

i.e. $200,000 home in Adams County, Colorado is $1,200 plus Hazard Ins. for 2 months $200


TOTAL Per Above: $3,225 (using Residential fees and a $75 Tri-Merge Credit Report)
Plus: Lender points 2% of Loan Amt. at lowest Rate,.. $0 at highest Rate
Plus: Broker Points 1% of Loan Amt. at lowest Rate,...$0 at highest Rate

$9,225 - NEW TOTAL (WORST CASE) with 3% points on a $200,000 loan ($6,000)


Rule of thumb....for any purchase...your Total closing costs will not exceed 8% in Colorado due to being a low closing cost State per RESPA Laws

Please Note: Financing with me and my lenders will NEVER exceed 5% of Loan Amount)

(per above example on a $200,000 loan... your Total out of pocket expense would not exceed $10,000)


Certain residential and most commercial refinance loans have pre-payment penalties or a loan defeasance clause. If your "Promisary NOTE" contains a prepayment penalty or a loan defeasance clause, you are resposible for the fee.


I'll work with you and show you all the Rates, Terms and financing are available to you (Read our ARM page for what an adjustable rate mortgage is really good for).

Investment purchases can be financed up to 95%, so be prepared to payoff seller at closing 5% .... also note that the lending amount (LTV) decreases for duplexes and more for 4-plexes.... as low as (65% pending lender)



Per the above $200,000 loan, will be approx. $1,200 a month PITI (Fixed 30 years at 5.25%). Lenders like to see 2 to 6 month Reserves in bank accounts or liquid assets such as 401K, stocks & Bonds ($2,400 to 7,200)


One final note: You need to pay the mortgage interest for each skip month (typically, the first month proceeding closing is a mortgage free month to give the old lender time to close the loan off their books and time for the new lender to get your loan in their system).

AND....Refinance loans provides a refund of escrows about 30 business days after closing (amount varies per month of closing)

Equal Housing Opportunity
Equal Commercial Financing Opportunity

See These Purchase Programs, they contain common lender specifications

97% Purchase Financing

100% (up to 105%) Financing

103% Financing

See Rent Vs. Own

Click here and Try our Purchase Calculator

For Commercial Mortgage industry...
see our page on CMBS (Commercial Mortgage Backed Securities)
Added Impounds to Commercial Financing.