Rich Dad\'s Advisors®: The ABC\'s of Real Estate Investing : The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad\'s Advisors) New York has the most expensive mortgage origination and closing fees in the country according to a recent survey. A resident of New York City getting a $200,000 mortgage would pay an average of $3,830 in origination, title and closing costs, according to the survey of lenders. On the other end of the scale, an Indianapolis resident would pay $2,339 for the same loan, or 39% less. Mortgage-related fees vary from place to place because of differing taxes, customs and regulations. Title insurance is another budget buster. In each state, the insurance department sets the rates, with heavy input from the title agencies and insurance companies. Because the state establishes the rates, title companies don’t compete for consumers by offering lower prices.

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