The average cost for a house mortgage loan evaluation in the United States ranges from $300 to $500, though fees can vary based on the lender, loan type, and property specifics. This cost typically covers credit checks, underwriting assessments, and property valuation reviews.

The evaluation fee is a standard part of the mortgage application process, ensuring lenders verify a borrower’s financial stability and the property’s market value. Lenders incur costs for credit report retrieval, document processing, and risk assessment, which are passed on to applicants. According to a 2023 report by the Consumer Financial Protection Bureau (CFPB), 68% of borrowers paid between $250 and $600 for loan evaluations, with the median at $400. Factors influencing cost include loan amount (higher loans may incur higher fees), loan complexity (e.g., jumbo or VA loans), and regional market fluctuations. For example, a $300,000 loan might cost $350, while a $1 million loan could see fees up to $600. Additionally, lenders with digital platforms often reduce costs by 15-20% compared to traditional methods. The CFPB emphasizes that these fees are non-refundable and help offset operational expenses, ensuring compliance with regulations like the Truth in Lending Act (TILA). Borrowers should compare multiple lenders to minimize out-of-pocket expenses, as fees can differ significantly even for similar loan terms.