Closing Fee (waived if improvements are made before 6/13/16)
|$0++||Draw Fee (First 3 monthly draws included, $300 each thereafter)|
|Up to $1,250||Mortgage Registration Tax & Recording (factored on loan amount)|
|Up to $1,550||Title Commitment & Insurance (factored on loan amount)|
|$0||Survey (paid by University)|
|$0||Environmental Review (paid by University)|
|$3,500 - $6,000++||
TOTAL ESTIMATED CLOSING COSTS
These costs are estimates only and do not include any fees or expenses that may be incurred by borrower in engaging vendors, preparing materials, or gathering information from other sources, etc.
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