Typical mortgage closing costs in Virginia average $3,648, according to Bankrate and as of 2015. This includes an average of $1,602 collected by the lender in origination fees and an average of $2,046 in third-party and title fees.Continue Reading
The origination fees typically include an average of $489 for points, $343 for the mortgage application and $73 for document preparation. Origination fees also include an average of $1,150 to the lender, broker or originator, and $495 for processing fees. Underwriting costs an average of $200, notes Bankrate.
Third-party fees usually run $406 for appraisals and $470 for closing attorney's fees. Surveys, postage, inspections, flood certification and other fees are included in third-party fee totals.Learn more about Credit & Lending