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💡 Mortgage Recording Fees Explained – Queens vs. Nassau County! 💡

When purchasing a home with a mortgage, there’s one important cost you’ll encounter at closing that often catches buyers off guard the Mortgage Recording Fee.
When purchasing a home with a mortgage, there’s one important cost you’ll encounter at closing that often catches buyers off guard the Mortgage Recording Fee.

This fee covers the cost of officially recording your mortgage with the county, ensuring your lender’s lien on the property is properly documented in public records. It’s based on your loan amount, not the total purchase price.


🏛️ What’s Included in Mortgage Recording Fees


These are government charges typically paid by the buyer or borrower at closing, and they usually include:

📄 Mortgage Recording Tax (MRT): A percentage of your loan amount charged by the county.

🧾 County Recording Fees: Flat administrative charges, usually around $200–$300.


📍 Example: $700,000 Home with 20% Down

Loan Amount: $560,000

Queens County:💰 Total MRT: ~$11,030

  • Borrower pays: ~$8,930

  • Lender pays: ~$2,100

Nassau County:💰 Total MRT: ~$4,730

  • Borrower pays: 100% of the tax


💡 Tip: The Mortgage Recording Tax is always calculated on the loan amount — and it’s a one-time fee due at closing.


🏡 Why This Matters


Whether you’re buying in Queens or Nassau County, understanding these costs upfront can help you:

✅ Plan your closing budget more accurately

✅ Avoid last-minute surprises

✅ Feel more confident throughout the homebuying process


At LJ Realty Team and LJ Mortgage Team Inc., we make sure our clients know exactly what to expect at every step from pre-approval to closing day. Transparency, education, and local expertise are what set us apart.


🏠 LJ Mortgage Team Inc.

Your Local Guide to Homeownership!

📍 127-03 Rockaway Blvd, South Ozone Park, NY 11420

📞 (516) 218-1297

LJ Realty Team – Buy | Sell | Rent Equal Housing Opportunity

LJ Mortgage Team Inc. NMLS# 2120286 Purchase & Refinance NYS Registered Mortgage Broker – NYS Dept. of Financial Services Broker arranges mortgage loans with third-party providers. MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER. Licensed by the N.J. Department of Banking and Insurance.

We do not make any mortgage loan commitments or fund any mortgage loans.


 
 
 

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