Question 1

What are V.I.P. Mortgage, Inc.'s average closing costs?

Accepted Answer

Based on 6,675 homebuyer-submitted Closing Disclosures, V.I.P. Mortgage, Inc.'s median total closing costs are $7,887. This is about 135% 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 V.I.P. Mortgage, Inc. charge junk fees?

Accepted Answer

None of the 6,675 Closing Disclosures we've analyzed for V.I.P. Mortgage, Inc. 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 V.I.P. Mortgage, Inc.'s fees compare to other lenders?

Accepted Answer

V.I.P. Mortgage, Inc. currently holds a grade of C on Fair Closing Check, placing them near the national average for comparable lenders. Their median closing costs of $7,887 are about 135% 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 V.I.P. Mortgage, Inc.?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, V.I.P. Mortgage, Inc.'s origination fee (avg $4,307) 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 V.I.P. Mortgage, Inc.'s Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for V.I.P. Mortgage, Inc., three fee categories tend to run above comparable lenders: discount points (avg $5,511 vs $2,425 peer avg, +$3,086), origination fee (avg $4,307 vs $1,553 peer avg, +$2,754), and lender credits (avg $1,728 vs $443 peer avg, +$1,285). 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 V.I.P. Mortgage, Inc.'s closing costs vary by state?

Accepted Answer

V.I.P. Mortgage, Inc.'s closing costs vary significantly by state. Based on the 42 states in our database with at least 3 reports, median total closing costs range from $4,010 in Wyoming to $12,683 in Montana — a $8,673 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	$5,511	$2,425	🔺 High
Origination Fee	$4,307	$1,553	🔺 High
lender_credits	$1,728	$443	🔺 High

Loan type	Volume	Median Rate	Median Total Costs	Median Origination
conventional	3,178	6.625%	$6,555	$2,711
fha	1,562	6.250%	$13,091	$3,435
va	619	6.250%	$8,598	$1,920
usda	53	6.250%	$6,427	$1,710

State	Volume	Median Rate	Median Total Costs	State Rank
Arizona	1,680	6.500%	$8,581	#10
Texas	923	6.125%	$11,059	#70
Colorado	829	6.500%	$9,130	#20
Oklahoma	216	6.490%	$7,693	#40
Indiana	179	6.500%	$5,536	#91
Connecticut	175	6.625%	$5,416	#34
New Mexico	169

	This lender	Arizona median	National median
Total Closing Costs	$8,581	$8,336	$6,680
Interest Rate	6.500%	6.250%	6.490%
Originations in state	1,680	—	—

Metric	V.I.P. Mortgage, Inc.	Top-50 peer median	Difference
Median loan amount	$355,000	$335,000	+$20,000 (+6.0%)
Median total closing costs	$8,525	$7,127	+$1,398 (+19.6%)

V.I.P. Mortgage, Inc.

V.I.P. Mortgage, Inc. Closing Cost Breakdown

Compare with similar lenders

Borrower Reviews

Frequently Asked Questions

Related Guides

Federal lending data (2025)

Breakdown by loan type

Active states

How V.I.P. Mortgage, Inc. compares in Arizona

Peer comparison — vs top-50 lenders by volume