Grade A · 0% of disclosures flagged for junk fees
Online Lender · New York · NMLS #330511
Avg Closing Costs
$5,363
median across reports
vs. National Average
65%
above national avg
Avg Origination Charge
$4,661
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $4,661 | $1,618 | 🔺 High |
| discount_points | $4,193 | $1,883 | 🔺 High |
| Title Insurance | $2,928 | $3,405 | 🟢 Below Avg |
| lender_credits | $1,722 | $358 | 🔺 High |
| Underwriting Fee | $1,373 | $1,546 | 🟢 Below Avg |
| Appraisal | $982 | $1,125 | 🟢 Below Avg |
| Settlement/Closing Fee | $887 | $1,053 | 🟢 Below Avg |
| Processing Fee | $708 | $841 | 🟢 Below Avg |
| Title Search | $364 | $412 | 🟢 Below Avg |
| Rate Lock Fee | $358 | $370 | 🟡 Average |
| Recording Fee | $308 | $364 | 🟢 Below Avg |
| Document Preparation | $152 | $159 | 🟡 Average |
| Tax Service Fee | $117 | $135 | 🟢 Below Avg |
| Credit Report | $63 | $71 | 🟢 Below Avg |
| Wire Transfer Fee | $61 | $72 | 🟢 Below Avg |
| Courier/Delivery | $53 | $63 | 🟢 Below Avg |
| Flood Certification | $21 | $25 | 🟢 Below Avg |
Got a Loan Estimate from Better Mortgage? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 9,243 homebuyer-submitted Closing Disclosures, Better Mortgage's median total closing costs are $5,363. This is about 65% above the $3,257 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
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How to Read Your Closing Disclosure
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Average Closing Costs by State
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Closing Costs in New York
State-specific benchmarks for New York.
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Federal data snapshot (2025)
In 2025, Better Mortgage Corporation originated 4,924 purchase loans with median closing costs of $7,021.
See 2025 HMDA market data for Better Mortgage Corporation →Popular Refinance Pages
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This content is for informational purposes only and does not constitute legal, financial, or tax advice. Consult a licensed professional for advice specific to your situation.