Question 1

What are First Savings Mortgage's average closing costs?

Accepted Answer

Based on 1,774 homebuyer-submitted Closing Disclosures, First Savings Mortgage's median total closing costs are $7,065. This is about 119% above the $3,221 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.

Question 2

Does First Savings Mortgage charge junk fees?

Accepted Answer

1% of Closing Disclosures we've analyzed for First Savings Mortgage included at least one fee flagged as potentially excessive. undefined fees stand out in particular, averaging $5,356 compared to a peer average of $2,263. "Junk fees" are charges that are inflated beyond what comparable lenders charge or that provide little discernible value to the borrower. Upload your Closing Disclosure for a line-by-line analysis of your specific loan. This is informational only and not financial or legal advice.

Question 3

How do First Savings Mortgage's fees compare to other lenders?

Accepted Answer

First Savings Mortgage currently holds a grade of B on Fair Closing Check, placing them below the national average, which is a good sign for borrowers. Their median closing costs of $7,065 are about 119% above the $3,221 national peer median. Grades are based on real homebuyer-submitted Closing Disclosures and scale from A (well below average) to F (significantly above average). This is informational only; individual loans vary by state, loan type, and borrower circumstances.

Question 4

Can I negotiate closing costs with First Savings Mortgage?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, First Savings Mortgage's origination fee (avg $4,211 vs $1,695 peer avg) and title insurance (avg $3,290 vs $3,103 peer avg) have both run above comparable lenders — making them the most important fees to challenge. Lender-controlled fees like origination, processing, and underwriting charges can often be reduced or waived, especially if you have a strong credit profile or are comparing offers from multiple lenders. Third-party fees such as title insurance and settlement services can sometimes be shopped around for better rates — you are generally entitled to choose your own providers. Fair Closing Check analyzes your specific Closing Disclosure and identifies which fees to challenge and how much room there is to negotiate. This is informational only and not legal or financial advice.

Question 5

What fees on First Savings Mortgage's Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for First Savings Mortgage, three fee categories tend to run above comparable lenders: discount points (avg $5,356 vs $2,263 peer avg, +$3,094), origination fee (avg $4,211 vs $1,695 peer avg, +$2,516), and lender credits (avg $2,633 vs $459 peer avg, +$2,174). These are the line items most worth scrutinizing or challenging on your own disclosure. "Junk fees" is industry shorthand for charges that are inflated beyond the peer norm or provide little discernible value — the CFPB recommends shopping title, settlement, and pest-inspection services independently when possible. This data is informational only and not financial advice.

Question 6

How much do First Savings Mortgage's closing costs vary by state?

Accepted Answer

First Savings Mortgage's closing costs vary significantly by state. Based on the 11 states in our database with at least 3 reports, median total closing costs range from $5,193 in North Carolina to $25,415 in New York — a $20,222 spread. Variation reflects state-specific transfer taxes, title insurance regulation, attorney requirements, and recording-fee schedules rather than lender policy. See state-level data on this page to compare your own state. This is informational only and not financial advice.

Fee Category	This Lender (avg)	National Avg	Verdict
discount_points	$5,356	$2,263	🔺 High
Origination Fee	$4,211	$1,695	🔺 High
Title Insurance	$3,290	$3,103	🟡 Average
lender_credits	$2,633	$459	🔺 High
Underwriting Fee	$1,537	$1,429	🟡 Average
Appraisal	$1,158	$1,053	🔴 Above Avg
Settlement/Closing Fee	$1,031	$954	🟡 Average
Processing Fee	$830	$775	🟡 Average
Title Search	$418	$379	🔴 Above Avg
Recording Fee	$369	$339	🟡 Average
Rate Lock Fee	$320	$314	🟡 Average
Document Preparation	$172	$170	🟡 Average
Tax Service Fee	$135	$128	🟡 Average
Credit Report	$72	$68	🟡 Average
Wire Transfer Fee	$72	$69	🟡 Average
Courier/Delivery	$63	$58	🟡 Average
Flood Certification	$26	$23	🔴 Above Avg

Fee Category	This Lender (avg)	National Avg	Verdict
discount_points	$5,356	$2,263	🔺 High
Origination Fee	$4,211	$1,695	🔺 High
Title Insurance	$3,290	$3,103	🟡 Average
lender_credits	$2,633	$459	🔺 High
Underwriting Fee	$1,537	$1,429	🟡 Average
Appraisal	$1,158	$1,053	🔴 Above Avg
Settlement/Closing Fee	$1,031	$954	🟡 Average
Processing Fee	$830	$775	🟡 Average
Title Search	$418	$379	🔴 Above Avg
Recording Fee	$369	$339	🟡 Average
Rate Lock Fee	$320	$314	🟡 Average
Document Preparation	$172	$170	🟡 Average
Tax Service Fee	$135	$128	🟡 Average
Credit Report	$72	$68	🟡 Average
Wire Transfer Fee	$72	$69	🟡 Average
Courier/Delivery	$63	$58	🟡 Average
Flood Certification	$26	$23	🔴 Above Avg

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First Savings Mortgage Closing Cost Breakdown

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