CA-NV-HI DISTRICT  CHURCH EXTENSION FUND  



COST OF A LOAN

 

FEES TO CONSIDER IN THE BUDGET PROCESS

Construction Loan:
    Loan Origination Fee = 1% of loan value (maximum of $10,000)
    Loan Disbursement Control Fee = $500 to $4,500 (based on size and complexity of the project)
    Loan Conversion Fee = $300
    Cal Title-Search Fee = approximately $70 (CA), $100-$200 (NV and HI)
    Escrow, title and recording fees = approximately $2,500

Amortized Loan:
    Loan Origination Fee = 1% of loan value (Maximum of $5,000)
    Cal Title-Search Fee = approximately $70 (CA), $100-$200 (NV and HI)
    Escrow, title and recording fees = approximately $2,000 

Line of Credit:
    Loan Origination Fee = $250
    Cal Title-Search Fee = approximately $70 (CA), $100-$200 (NV and HI)

 

PLANNING FOR THE MONTHLY MORTGAGE PAYMENT
MORTGAGE CALCULATOR

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