|
Hud fees Example
At each mortgage transaction, whether it be purchase or refinance, a
HUD Settlement Statement is prepared. The aforementioned statement is
an accounting of all monies collected related to the mortgage. Items
801 thru 808 of the settlement statement are those collected by the
person providing the mortgage.
The following is a list of Items Payable In Connection with Loan:
801. Loan Origination Fee
802. Loan Discount
803. Appraisal Fee
804. Credit Report
805. Tax Service Fee
806. Document Preparation Fee
807. Flood Certification Fee
808. Doc Prep
|
|