**The pricing structure below is an estimate; please contact production@allamericantitleco.com for more specific pricing**
There are a few versions of the One Time Close and the Two Time close that are mostly divided into Purchase and Refinance. The breakdown of New Construction pricing is below:
REFINANCE 2X CLOSING
Closing One:
$ 250.00
$ 575.00
$ Calculated on Refi Rate
$ 150.00
$ 400.00
Settlement / Closing Fee:
Title Search and Exam Fee:
Lender’s Title Insurance (Full ALTA):
Priority Establishment:
4 Draws:
Closing Two:
$ 250.00 (This is the maximum amount)
$ 300.00 (Final Tract Check - Updated Title Commitment)
$ 150.00 (Assumes no change in loan amount)
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
Please note: What is involved with “CLOSING TWO” could vary greatly. If All American Title is only recording the Modification Agreement and issuing the Date Down Endorsement the costs could be as little as follows:
$ 0.00
$ 125.00
$ 150.00 (Assumes no change in loan amount)
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
REFINANCE 1X CLOSING
The 1X Closing program has the exact same fees as above except there is typically not a second closing. The fees would be as follows:
$ 250.00
$ 575.00
$ Calculated on Refi Rate
$ 150.00
$ 400.00
Closing One:
Settlement / Closing Fee:
Title Search and Exam Fee:
Lender’s Title Insurance (Full ALTA):
Priority Establishment:
4 Draws:
$ 0.00 (This is the maximum amount)
$ 120.00 (Final Tract Check - Updated Title Commitment)
$ 150.00 (Assumes no change in loan amount)
Closing Two:
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
NOTE: With a 1X Closing program there is typically only one closing. “CLOSING TWO” fees are typically charged at the time of the first closing. Some lenders want this broken out thus the pricing being set forth as shown above.
Purchase 2X CLOSING
Closing One:
$ 325.00
$ 775.00
$ Calculated on Refi Rate
$ 150.000
$ 400.00
Settlement / Closing Fee:
Title Search and Exam Fee:
Lender’s Title Insurance (Full ALTA):
Priority Establishment:
4 Draws:
Closing Two:
$ 250.00 (This is the maximum amount)
$ 300.00 (Final Tract Check - Updated Title Commitment)
$ 150.00 (Assumes no change in loan amount)
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
Please note: What is involved with “CLOSING TWO” could vary greatly. If All American Title is only recording the Modification Agreement and issuing the Date Down Endorsement the costs could be as little as follows:
$ 0.00
$ 125.00
$ 150.00 (Assumes no change in loan amount)
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
Purchase 1X CLOSING
The 1X Closing program has the exact same fees as above except there is typically not a second closing. The fees would be as follows:
Closing One:
$ 325.00
$ 775.00
$ Calculated on Simultaneous Issue Rate
$ Calculated on Simultaneous Issue Rate
$ 150.00
$ 400.00
Settlement / Closing Fee:
Title Search and Exam Fee:
Lender’s Title Insurance (Full ALTA):
Owner’s Title Insurance:
Priority Establishment:
4 Draws:
Closing Two:
$ 0.00 (This is the maximum amount)
$ 150.00 (Final Tract Check - Updated Title Commitment)
$ 150.00 (Assumes no change in loan amount)
Settlement / Closing Fee:
Title Search and Exam Fee:
Date Down Endorsement:
NOTE: With a 1X Closing program there is typically only one closing. “CLOSING TWO” fees are typically charged at the time of the first closing. Some lenders want this broken out thus the pricing being set forth as shown above.