When you go to buy a house, you will most likely need a home loan. But what many people do not realize is that there is a plethora of home mortgage fees that are waiting to descend up on you as you begin the process. So that you are not completely surprised (although it is always a shock to see how much home mortgage fees add up), here are some of the fees you can expect to pay, according to MSNBC:

*Escrow fees
*Origination fees (also called origination points)
*Any legal fees for lawyers you might need (luckily, not always necessary!)
*Homeowner’s insurance
*Private mortgage insurance (if your down payment is not 20%)
*Title insurance
*Document prep fees
*Pest inspection
*Appraisal fees
*Survey fee
*Property taxes (and, of course, a tax service fee)
*Notary charges
*State recording fees

These are just a few of the fees you can expect to pay when you head in for a home loan. Unfortunately, there could be even more, depending on your situation and your lender. You can read about some home mortgage fees, such as referral fees, that are sometimes paid.

Tags: home mortgage, personal finance, home mortgage fees, finances,
home loan, origination points