The borrower will need to pay the following fees:

• An origination fee of 2.5% of the loan amount.
• Broker fees as determined by the mortgage broker.
• A title monitoring fee of $175.00.
• A title insurance fee of $375.00.
• A conveyancing fee. Typically around $1200.00.
• An inspection fee. Depends on inspector & property, typically $500-$700.
• An appraisal fee. Depends on appraiser & property, typically $500-$700.