Buyer's Fees

Minnesota Statute 287.035 provides for mortgage registry tax to be paid on mortgages to be recorded. The rate is 0.0023 of the debt secured (Example: $100,000.00 x .0023 = $230.00 mortgage registry tax).

Title Examination/Commitment $200
Plat Drawing $100
Closing Services $200
Evidence of Title / Update Abstract - Estimate, actual charges may vary $175
Wire In $10
eRecording Service Fee (Deed and Mortgage) $8
Courier $50
EDD/Technology $25

Seller's Fees

Minnesota Statute 287.21 provides for deed tax to be paid on deeds to be recorded. The rate is .0033 of the purchase price. (Example: $100,000.00 x .0033 = $330.00 deed tax). The minimum deed tax amount is $1.65.   

 
Closing Services $200
Deed Prep (includes eCRV and eWell) $80
eRecording Service Fee (each Satisfaction of Mortgage/document) $4
Courier/Wire (each outgoing Payoff) $25

Refinance Fees

Minnesota Statute 287.035 provides for mortgage registry tax to be paid on mortgages to be recorded. The rate is 0.0023 of the debt secured (Example: $100,000.00 x .0023 = $230.00 mortgage registry tax).

 
Title Examination/Commitment $200
Plat Drawing $100
Closing Services $200
Evidence of Title / O&E Report - Estimate, actual charges may vary $125
eRecording Service Fee (each document) $4
Courier (Payoff and Package) $65
EDD/Technology $25