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#1145933 - 03/16/09 10:25 PM Reconveyance Fees
mbernard Offline
100 Club
Joined: Jul 2008
Posts: 109
Our equity loans are advertised as no fee if you take at least a $10k advance. Can we charge the reconveyance fee at time of payoff or is this deceptive? Can we change the advertising to say no fees at closing, so we can charge the for reconveyance fee? Or are we ok?

ANy helpor suggestion would be great. Thanks!

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Lending Compliance
#1146680 - 03/17/09 10:42 PM Re: Reconveyance Fees mbernard
mbernard Offline
100 Club
Joined: Jul 2008
Posts: 109
Any thoughts?

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