Closing Costs you should expect
There are certain expected fees related to closing the sale on Land. These fees are commonly divided between
the buyer and seller, as instructed in the sales contract.
Many are universal, but there are nuances to each, so you’ll want a real estate expert in Oklahoma
to show you through the transaction
Origination Fee 2% Capped at $2,500.00
Appraisal Fee (required upfront) $350.00 +/-
Flood Certificate $9.00
Underwriting Fee $200.00
Mortgage Certificate $5.00
Mortgage Tax $.01%
Filing Fee Release $42.00
*Title Commitment Required (Varies Per County)
Disclaimer: All the above loan fees are subject to change without prior notice.