Mortgage Company · Rhode Island · NMLS #2273
Avg Closing Costs
$15,520
median across reports
vs. National Average
5%
below national avg
Avg Origination Charge
$7,355
Section A lender fee
Reports with Junk Fees
12%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $7,355 | $7,829 | 🟡 Average |
| Title Insurance | $2,970 | $3,110 | 🟡 Average |
| Underwriting Fee | $1,355 | $1,459 | 🟡 Average |
| Appraisal | $1,016 | $1,065 | 🟡 Average |
| Settlement/Closing Fee | $923 | $973 | 🟡 Average |
| Processing Fee | $734 | $777 | 🟡 Average |
| Rate Lock Fee | $407 | $347 | 🔴 Above Avg |
| Title Search | $367 | $388 | 🟡 Average |
| Recording Fee | $321 | $340 | 🟡 Average |
| Document Preparation | $164 | $164 | 🟡 Average |
| Tax Service Fee | $119 | $126 | 🟡 Average |
| Wire Transfer Fee | $65 | $68 | 🟡 Average |
| Credit Report | $64 | $68 | 🟡 Average |
| Courier/Delivery | $56 | $58 | 🟡 Average |
| Flood Certification | $22 | $23 | 🟡 Average |
Based on 51 homebuyer-submitted Closing Disclosures, Embrace Home Loans's median total closing costs are $15,520. This is about 5% below the $16,418 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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What Are Junk Fees on a Mortgage?
Spot the charges that pad lender profits.
How to Read Your Closing Disclosure
Page-by-page walkthrough of the 5-page form.
Average Closing Costs by State
Benchmark your costs against the state average.
Closing Costs in Rhode Island
State-specific benchmarks for Rhode Island.
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