Grade A · 0% of disclosures flagged for junk fees
Mortgage Company · Pennsylvania · NMLS #1484862
Avg Closing Costs
$5,874
median across reports
vs. National Average
81%
above national avg
Avg Origination Charge
$3,935
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $3,935 | $1,587 | 🔺 High |
| Title Insurance | $3,441 | $3,301 | 🟡 Average |
| discount_points | $3,177 | $2,207 | 🔴 Above Avg |
| lender_credits | $2,294 | $393 | 🔺 High |
| Underwriting Fee | $1,645 | $1,512 | 🟡 Average |
| Appraisal | $1,216 | $1,096 | 🔴 Above Avg |
| Settlement/Closing Fee | $1,098 | $1,008 | 🟡 Average |
| Processing Fee | $866 | $822 | 🟡 Average |
| Title Search | $438 | $400 | 🟡 Average |
| Recording Fee | $388 | $353 | 🔴 Above Avg |
| Rate Lock Fee | $378 | $370 | 🟡 Average |
| Document Preparation | $162 | $154 | 🟡 Average |
| Tax Service Fee | $145 | $133 | 🟡 Average |
| Wire Transfer Fee | $78 | $70 | 🔴 Above Avg |
| Credit Report | $76 | $70 | 🟡 Average |
| Courier/Delivery | $64 | $60 | 🟡 Average |
| Flood Certification | $27 | $24 | 🟡 Average |
Got a Loan Estimate from Newrez? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 63,121 homebuyer-submitted Closing Disclosures, Newrez's median total closing costs are $5,874. This is about 81% above the $3,254 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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Average Closing Costs by State
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Closing Costs in Pennsylvania
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Federal data snapshot (2025)
In 2025, Newrez LLC originated 22,846 purchase loans with median closing costs of $7,792.
See 2025 HMDA market data for Newrez LLC →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.