Rates and Charges

RATES & CHARGES

CHARGES

SETTLEMENT CHARGES
Effective May 2, 2016
TITLE INSURANCE:
Rate per $1000 or fraction thereof:
0-$100,000.................$5.25

$100001-$500000.........add $4.25

$500,001-$2.million....add $2.75

Over $2 million........add $2.00
 

Refinance, Recast or Substitution loans Rate
Rate per $1000 or fraction thereof:

0-$100,000...............$2.75

$100001-$500000.......add$2.50

$500,001-$2.million...add $2.25

Over$2million........add$1.75

SETTLEMENTS:
WITH DISBURSEMENT:

IN OFFICE: $300.00
first 60 minutes $100.00hr each hour over )
OUT OFFICE:$325.00
first 60 minutes $100.00hr each hour over )

Exclusive of travel time  & expenses, tolls, parking, etc.
BASED ON REGULAR OFFICE HOURS:  9AM TO 5PM MON.-FRI.

ADDITIONAL FEES & CHARGES:
(BASED UPON MANUAL OR RATES & CHARGES, APPROVED
BY NJ COMMISSIONER OF INSURANCE.
*SEARCH COSTS AND TITLE INSURANCE
             (BASED UPON PURCHASE PRICE.)
*TAXES & ASSESSMENTS
*UPPER COURTS
*FLOOD SEARCHES
*CORPORATE REPORTS
*CHANCERY ABSTRACTS, IF REQUIRED.
*WATER CHARGES SEARCHES
*ENDORSEMENTS, REQUIRED BY LENDER
*DELIVERY FEES (Costs incurred when delivering closing
packages to lender, payoffs, etc.
*RECORDING FEES (CLERK COSTS, TRANSFER FEES.)
RATE SCHEDULE  
(Effective May 2, 2016
SETTLEMENT



Insurance based upon purchase price or mortgage loan amount if refinance.
SEE Rates and Charges schedule attached.


ADDITIONAL CHARGES:

COUNTYSEARCH: $100.00 or    $100.00 (Additional Chains)

pre-closing rundowns: $45.00
Taxes & Assessments: $30.00 per lot line item.

Upper Courts: $20.00 approximate, based upon name & judgment numbers
Notice of Settlement: $25.00 or $45.00 (if purchase & mortgage)
Survey Endorsement: $25.00
Closing Service Letter or (CPL)  $75.00
Flood Search: $35.00
Corporate Status: $65.00
Construction Rundowns: $45.00
Additional Rundowns: $45.00

Endorsements:
Condo Alta 4.1: $25.00
PUD Alta 5.1: $25.00
Convertible Adjustable Rate:  $25.00
Variable Rate Alta 6.1: $25.00
Variable Rate Alta 6.: $25.00
Variable Rate Alta 6.2: $25.00
Negative Amortization
Revolving Loan Endorsement: $25.00
Alta Endorsement 8.1: $25.00
Environment Protection Lien
Restriction Alta 9: $25.00
Restriction,Encroachment & Mineral
Secondary Mortgage Market: $25.00
FNMA Balloon Endorsement: $25.00
Reverse Annuity Endorsement: $25.00
Alta Endorsement Form 1: $25.00
Survey Endorsement (without) $25.00
Alta 10 assignment of Mortgage $25.00
Alta 10.1 Assignment of Mortgage continued priority "
Settlement Charges & attendance at closings: See schedule for same. Notary Charges: $25.00

Recording fees are based on charges by County Clerk and passed on

to the purchaser/borrower

Deed: $40.00 first page $10.00 additional page.

Mortgage: $30.00 first page $10.00 additonal page.

Note: Some counties charge $3.00 surcharge Homeless Trust.