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#1624869 - 11/04/11 09:24 PM CREDIT REPORT FEE
t0dd Offline
100 Club
Joined: Sep 2004
Posts: 218
Does the credit report and flood determination fee need to be itemized on the HUD-1 or can we lump those fees in to our origination fee? If we do it this way could we suffer any ramifications?

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#1624900 - 11/05/11 02:21 AM Re: CREDIT REPORT FEE t0dd
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 78,927
Galveston, TX
From the instructions:

Line 805 is used to record the fee for all credit reports.

Line 807 is used to record any flood certification fee.

You would be cited for disclosure violations to combine them.
The opinions expressed here should not be construed to be those of my employer:

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