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#1249569 - 09/14/09 03:24 PM Average Charge Permitted in PA?
Deena Offline
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Deena
Joined: Nov 2000
Posts: 2,701
PA
I posted this in the Lending Forum but got no response, so I thought I'd try here.

Does anyone know where I would look to see if PA allows the use of an average charge? HUD's Q&A says that some states prohibit the use of an average charge, but I don't know if PA is one of them.
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#1262085 - 10/06/09 12:42 PM Re: Average Charge Permitted in PA? Deena
Erl of Baltimore Offline
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Erl of Baltimore
Joined: Jun 2003
Posts: 553
Memorial Stadium
Originally Posted By: Deena
I posted this in the Lending Forum but got no response, so I thought I'd try here.

Does anyone know where I would look to see if PA allows the use of an average charge? HUD's Q&A says that some states prohibit the use of an average charge, but I don't know if PA is one of them.
You can try the PA Dept of Banking website. Go to the Laws and Regulations section and it lists the PA Banking laws including the Banking Code of 1965 plus other PA laws relative to banking.
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