Bank of America vs United Wholesale Mortgage

Side-by-side fee breakdown based on verified closing cost data

Bank of America
A
United Wholesale Mortgage
A
Bank of America

270 reports

A

Avg closing costs

$11,671

Junk fees

30% of reports

Lowest Cost

Avg closing costs

$10,872

Junk fees

11% of reports

💡 Switching from Bank of America to United Wholesale Mortgage could save ~$799 in closing costs.

Fee-by-Fee Comparison

FeeBank ofUnited WholesaleNat. Avg
Courier/Delivery$44$40$58
Appraisal$794$749$1,065
Rate Lock Fee$360$358$347
Recording Fee$253$237$340
Flood Certification$18$16$23
Processing Fee$582$544$777
Origination Fee$7,197$6,532$7,829
Tax Service Fee$94$88$126
Title Search$291$272$388
Underwriting Fee$1,093$1,011$1,459
Credit Report$51$47$68
Document Preparation$170$171$164
Wire Transfer Fee$51$47$68
Settlement/Closing Fee$729$678$973
Title Insurance$2,856$2,652$3,110
Total (median)$11,671$10,872

🟢 Green = lowest for this fee · 🔴 Red = highest for this fee

Verdict

United Wholesale Mortgage has lower overall closing costs, with a median $799 less than Bank of America. The biggest differences are in Origination Fee (United Wholesale Mortgage is lower) and Title Insurance (United Wholesale Mortgage is lower). United Wholesale Mortgage has fewer junk fee reports (11%) compared to Bank of America. Compare their rate offers alongside these closing cost differences — a lower rate can offset higher fees over time. Upload your Closing Disclosure for a detailed, line-by-line audit.

This summary is generated from aggregate closing cost data. It is informational only and not financial advice.

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