Usually, a purchaser will retain an attorney to represent them during the financing stage. We can save you much of this cost by completing most of the paperwork for the Bank. We charge you nothing for this process. The Bank will charge you completion costs such as charges for registering certain documents with Lands & Survey; their own commitment fees for advancing the loan (up to 1% of the loan amount); Government fees the Bank has to pay such as Registration of a Charge and the stamp duty on the same Each purchaser will usually be required to have a life assurance policy for the value of the rebuild of the home, assigned to the Bank. Closing costs can range anywhere up to three percent, depending upon the Bank. The bank’s own fees are negotiable to a certain extent.