You can negotiate the fees your lender charges. Shop around before choosing a mortgage lender and be certain to get a Good Faith Estimate, which your lender is required to provide within three days of accepting a loan application. A Good Faith Estimate is an itemized list of everything from the lender’s fees, the charge for the appraisal, the title insurance premium to a partial month’s interest payment. Be sure to ask which are loan origination fees (those charged by the lender) and which are third party fees (like title insurance). You can negotiate the loan origination fees directly with the lender.
Be sure to check with your real estate agent about the fees charged by the title insurance company. Depending on which company you use, you could obtain significant savings.
The final area where you can reduce costs is by shopping around for hazard insurance either by yourself and with an insurance agent.