Online Lender · Texas · NMLS #2059183
Avg Closing Costs
$14,675
median across reports
vs. National Average
11%
below national avg
Avg Origination Charge
$6,727
Section A lender fee
Reports with Junk Fees
7%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $6,727 | $7,829 | 🟢 Below Avg |
| Title Insurance | $2,740 | $3,110 | 🟢 Below Avg |
| Underwriting Fee | $1,289 | $1,459 | 🟢 Below Avg |
| Appraisal | $939 | $1,065 | 🟢 Below Avg |
| Settlement/Closing Fee | $845 | $973 | 🟢 Below Avg |
| Processing Fee | $690 | $777 | 🟢 Below Avg |
| Rate Lock Fee | $368 | $347 | 🟡 Average |
| Title Search | $339 | $388 | 🟢 Below Avg |
| Recording Fee | $296 | $340 | 🟢 Below Avg |
| Document Preparation | $152 | $164 | 🟡 Average |
| Tax Service Fee | $111 | $126 | 🟢 Below Avg |
| Wire Transfer Fee | $61 | $68 | 🟢 Below Avg |
| Credit Report | $61 | $68 | 🟢 Below Avg |
| Courier/Delivery | $51 | $58 | 🟢 Below Avg |
| Flood Certification | $21 | $23 | 🟡 Average |
Based on 55 homebuyer-submitted Closing Disclosures, Tomo Mortgage's median total closing costs are $14,675. This is about 11% below the $16,418 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.
Are Closing Costs Negotiable?
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What Are Junk Fees on a Mortgage?
Spot the charges that pad lender profits.
How to Read Your Closing Disclosure
Page-by-page walkthrough of the 5-page form.
Average Closing Costs by State
Benchmark your costs against the state average.
Closing Costs in Texas
State-specific benchmarks for Texas.
Compare Tomo Mortgage with another lender
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