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Mortgage Fee Schedule

As of January 1, 2021

Mortgage Related Fees & Costs

Fees Description Minimum Maximum1

Returned Payment Fee

Charged when a payment is returned by the bank. $0.00 Varies
Bi-Weekly Initial Setup Fee Charged for services related to setting up Bi-Weekly set up. $0.00

$200.00

Bi-Weekly Draft Fee Charged for each draft transaction in conjunction with Bi-Weekly program. $0.00 $3.50
Bi-Weekly Re-Enrollment Fee Charged for services related to re-enrollment of the Bi-Weekly program. $0.00 $100.00
Late Charges 2 Charged when the regular monthly payment is received after the due date and any applicable grace period. $0.00 Varies
Recording of Release of Mortgage/Deed of Trust, etc. 3 Charged by the county clerk to record a release or satisfaction of lien. $0.00 $550.00
Collateral Adjustment Processing Fee: Conventional Loan Charged when adjustments are made to the collateral that secures the mortgage such as a partial release or subordination to easement for conventional loans. $0.00 $500.00
Collateral Adjustment Processing Fee: FHA Loan Charged when adjustments are made to the collateral that secures the mortgage such as a partial release or subordination to easement for FHA loans. $0.00 $110.00
Broker’s Price Opinion (BPO)/Comparative or Competitive Market Analysis/Default Collateral Analysis Charged if a Broker’s Price Opinion report is required to determine the value and condition of the property. $100.00 $150.00
Principal Reduction Re-Amortization Processing Fee Charged to process a re-amortization for the purpose of recalculating the mortgage loan payment following a principal curtailment. $0.00 $500.00
Payoff Quote Fax Fee Charged when a payoff quote is requested to be transmitted by fax. $0.00 $0.00
Escrow Waiver Fee Charged when a customer requests an escrow waiver. Additional fees may be charged based on escrow waiver being approved. $0.00 1/4 of 1% of the unpaid principal balance.
$150-minimum
$50 non-refundable
Agreement to Trust Processing Fee Charged when a customer requests to title their mortgaged property to their revocable trust. $0.00 $375.00
Assumptions Charged when adding or removing borrower(s) or co-borrower(s) financially responsible for the loan. Additional fees may be charged based on the type of assumption including, but not limited to, credit report fees and recording fees. Simple $100
Release - $400
Simple - $100
Release - $900
Property Preservation Charged for services related to the preservation of a vacant or abandoned property. Actual Cost Incurred  
Property Inspection Charged if we are required to determine the condition and/or occupancy status of the property. $0.00 $50.00

1 The maximum fees allowed in each category may vary in accordance with state law, investor requirements, and/or the content of your mortgage loan documents.

2 Late charge amounts are established by any applicable state laws and/or the content of your mortgage loan documents.

3 Recording fee amounts vary by county.