Question 1

What are Plaza Home Mortgage's average closing costs?

Accepted Answer

Based on 12,859 homebuyer-submitted Closing Disclosures, Plaza Home Mortgage's median total closing costs are $7,677. This is about 138% 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 Plaza Home Mortgage charge junk fees?

Accepted Answer

None of the 12,859 Closing Disclosures we've analyzed for Plaza Home Mortgage included fees flagged as potentially excessive — a strong sign. That said, every loan is different. Fair Closing Check can review your specific disclosure to confirm there are no hidden charges on your loan.

Question 3

How do Plaza Home Mortgage's fees compare to other lenders?

Accepted Answer

Plaza Home Mortgage currently holds a grade of C on Fair Closing Check, placing them near the national average for comparable lenders. Their median closing costs of $7,677 are about 138% 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 Plaza Home Mortgage?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, Plaza Home Mortgage's origination fee (avg $4,506 vs $1,695 peer avg) and title insurance (avg $3,487 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 Plaza Home Mortgage's Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for Plaza Home Mortgage, three fee categories tend to run above comparable lenders: origination fee (avg $4,506 vs $1,695 peer avg, +$2,811), lender credits (avg $2,265 vs $459 peer avg, +$1,806), and discount points (avg $3,117 vs $2,263 peer avg, +$854). 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 Plaza Home Mortgage's closing costs vary by state?

Accepted Answer

Plaza Home Mortgage's closing costs vary significantly by state. Based on the 50 states in our database with at least 3 reports, median total closing costs range from $4,792 in Michigan to $13,509 in Hawaii — a $8,717 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
Origination Fee	$4,506	$1,695	🔺 High
Title Insurance	$3,487	$3,103	🔴 Above Avg
discount_points	$3,117	$2,263	🔴 Above Avg
lender_credits	$2,265	$459	🔺 High
Underwriting Fee	$1,687	$1,429	🔴 Above Avg
Appraisal	$1,217	$1,053	🔴 Above Avg
Settlement/Closing Fee	$1,080	$954	🔴 Above Avg
Processing Fee	$888	$775	🔴 Above Avg
Title Search	$441	$379	🔴 Above Avg
Recording Fee	$378	$339	🔴 Above Avg
Rate Lock Fee	$373	$314	🔴 Above Avg
Document Preparation	$155	$170	🟡 Average
Tax Service Fee	$144	$128	🔴 Above Avg
Credit Report	$77	$68	🔴 Above Avg
Wire Transfer Fee	$76	$69	🔴 Above Avg
Courier/Delivery	$65	$58	🔴 Above Avg
Flood Certification	$26	$23	🔴 Above Avg

Fee Category	This Lender (avg)	National Avg	Verdict
Origination Fee	$4,506	$1,695	🔺 High
Title Insurance	$3,487	$3,103	🔴 Above Avg
discount_points	$3,117	$2,263	🔴 Above Avg
lender_credits	$2,265	$459	🔺 High
Underwriting Fee	$1,687	$1,429	🔴 Above Avg
Appraisal	$1,217	$1,053	🔴 Above Avg
Settlement/Closing Fee	$1,080	$954	🔴 Above Avg
Processing Fee	$888	$775	🔴 Above Avg
Title Search	$441	$379	🔴 Above Avg
Recording Fee	$378	$339	🔴 Above Avg
Rate Lock Fee	$373	$314	🔴 Above Avg
Document Preparation	$155	$170	🟡 Average
Tax Service Fee	$144	$128	🔴 Above Avg
Credit Report	$77	$68	🔴 Above Avg
Wire Transfer Fee	$76	$69	🔴 Above Avg
Courier/Delivery	$65	$58	🔴 Above Avg
Flood Certification	$26	$23	🔴 Above Avg

Plaza Home Mortgage

Plaza Home Mortgage Closing Cost Breakdown

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