While FHA requirements define which closing costs are allowable as charges to the borrower, the specific costs and amounts that are deemed reasonable and customary are determined by each local FHA office. All other costs are generally not allowed and are usually paid by the seller when buying a new home, or paid by the lender when refinancing your existing FHA loan.
Lender's origination fee
Deposit verification fees
Attorney's fees
The appraisal fee and any inspection fees
Lender's origination fee
Cost of title insurance and title examination
Document preparation (by a third party)
Property survey
Credit reports (actual costs)
Transfer stamps, recording fees, and taxes
Test and certification fees
Home inspection fees up to $200
Allowed in an FHA refinance loan are wire transfer fees, courier fees, reconveyance fees, and fees to payoff bills.
