Grade A · 0% of disclosures flagged for junk fees
Mortgage Company · California · NMLS #35953
Avg Closing Costs
$6,435
median across reports
vs. National Average
98%
above national avg
Avg Origination Charge
$4,127
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $4,127 | $1,587 | 🔺 High |
| discount_points | $3,467 | $2,207 | 🔺 High |
| Title Insurance | $2,758 | $3,301 | 🟢 Below Avg |
| lender_credits | $2,698 | $393 | 🔺 High |
| Underwriting Fee | $1,012 | $1,512 | 🟢 Below Avg |
| Appraisal | $744 | $1,096 | 🟢 Below Avg |
| Settlement/Closing Fee | $681 | $1,008 | 🟢 Below Avg |
| Processing Fee | $541 | $822 | 🟢 Below Avg |
| Rate Lock Fee | $347 | $370 | 🟡 Average |
| Title Search | $273 | $400 | 🟢 Below Avg |
| Recording Fee | $237 | $353 | 🟢 Below Avg |
| Document Preparation | $147 | $154 | 🟡 Average |
| Tax Service Fee | $89 | $133 | 🟢 Below Avg |
| Wire Transfer Fee | $48 | $70 | 🟢 Below Avg |
| Credit Report | $47 | $70 | 🟢 Below Avg |
| Courier/Delivery | $41 | $60 | 🟢 Below Avg |
| Flood Certification | $16 | $24 | 🟢 Below Avg |
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Based on 94,724 homebuyer-submitted Closing Disclosures, Pennymac's median total closing costs are $6,435. This is about 98% 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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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.