Home Improvement → Re: Home Refi Fees - Am I being taken?

I refinanced last year. Here are the numbers from my HUD form (rounded to the nearest dollar):

$275 Appraisal Fee
$15 Credit report
$200 Application fee
$10 Flood cert fee
$200 Bank attorney review
$22 Express mail fee
$100 Doc prep fee
$20 Wire transfer fee
$300 Settlement or closing fee
$25 Notary fee
$736 Title insurance binder
$30 Wire fee
$60 Overnight fee
$50 Down load / copy fee
$335 Recording fees
$5 Recording processing fee

Total is $2383. That doesn't include extra money I had to come up with at closing like interest payments and property taxes.

Holy Cow Babcat, $335 recording fees?!?! I guess terminology varies quite a bit from one state to another, but that seems pretty straight forward as far as what it means. And from my experience that seems really high. On the other hand, I paid considerably more for my appraisal, so I guess it usually comes our pretty even in the end... unless you're using the 'almost free', no fee loans that are 'only' 1% to 2% higher. What a joke!

A. Maxwell: a Houston Refinance Resource contributer

My no-fee loans are never more than 1/8 point higher than the going rate. That's why I've refinanced 6 times over the last few years.

Some states/counties use this fee just like a cell phone fee. Its really a tax.