Typical loan fees do vary from lender to lender and from place to place, however, there are certain loan fees that are fairly typical and you should expect to see on your Good Faith Estimate.
Typical loan fees may include application fees, appraisal fees, credit check fees (which can be part of application fees), processing fees, document preparation fees, legal fees (typically paid at the Closing) and, of course, closing costs.
The typical loan fees paid at closing include any filing fees for the mortgage instrument, the bank's attorney fees, documentation fees, etc. Of course, the good news is that you can find out the typical loan fees by reviewing your Good Faith Estimate, this way you are not surprised at the closing with any other fees.
Not among typical loan fees but things that you may wish to keep in mind are paying points, if need be or if desired to pay down your interest rate, your attorney's legal fees, title company gratuity and/or fee, and other closing adjustments that you may need to pay to the seller including paying them for any oil left in the oil tank, paying them for pre-paid property taxes, etc.
As you begin the process of buying a home you will want to consider the typical loan fees, closing costs and other costs associated with buying a home so you can be sure to have sufficient resources available to you prior to scheduling the closing date.
