Question 1

What are Select Lending Services LLC's average closing costs?

Accepted Answer

Based on 827 homebuyer-submitted Closing Disclosures, Select Lending Services LLC's median total closing costs are $6,143. This is about 83% above the $3,356 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 Select Lending Services LLC charge junk fees?

Accepted Answer

None of the 827 Closing Disclosures we've analyzed for Select Lending Services LLC 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 Select Lending Services LLC's fees compare to other lenders?

Accepted Answer

Select Lending Services LLC currently holds a grade of A on Fair Closing Check, placing them well below the national average — one of the most competitive lenders in our database. Their median closing costs of $6,143 are about 83% above the $3,356 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 Select Lending Services LLC?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, Select Lending Services LLC's origination fee (avg $3,019) runs above the peer average of $1,553, making it worth challenging specifically. 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 Select Lending Services LLC's Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for Select Lending Services LLC, three fee categories tend to run above comparable lenders: lender credits (avg $1,961 vs $443 peer avg, +$1,518), origination fee (avg $3,019 vs $1,553 peer avg, +$1,466), and discount points (avg $3,832 vs $2,425 peer avg, +$1,407). 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 Select Lending Services LLC's closing costs vary by state?

Accepted Answer

Select Lending Services LLC's closing costs vary significantly by state. Based on the 13 states in our database with at least 3 reports, median total closing costs range from $2,698 in Wisconsin to $8,156 in Washington — a $5,458 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	$3,832	$2,425	🔺 High
Origination Fee	$3,019	$1,553	🔺 High
lender_credits	$1,961	$443	🔺 High

Loan type	Volume	Median Rate	Median Total Costs	Median Origination
conventional	544	6.750%	$6,169	$1,670
va	86	6.000%	$11,749	$2,825
fha	29	6.000%	$15,575	$1,989

State	Volume	Median Rate	Median Total Costs	State Rank
Illinois	204	6.750%	$6,353	#95
Maryland	103	6.500%	$8,126	#98
Colorado	101	6.750%	$4,593	#107
Florida	70	6.688%	$6,844	#273
Virginia	70	6.625%	$7,278	#156
Oregon	42	6.875%	$7,310	—
Texas	41

	This lender	Illinois median	National median
Total Closing Costs	$6,353	$6,250	$6,680
Interest Rate	6.750%	6.620%	6.490%
Originations in state	204	—	—

Metric	Select Lending Services LLC	Top-50 peer median	Difference
Median loan amount	$435,000	$335,000	+$100,000 (+29.9%)
Median total closing costs	$6,391	$7,127	−$736 (−10.3%)

Select Lending Services LLC

Select Lending Services LLC Closing Cost Breakdown

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How Select Lending Services LLC compares in Illinois

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