Just curious about what others are doing:

Are you going to be overdisclosing the fees in the no tolerance section on the Closing Disclosure to avoid eating the actual costs? Example: appraisal fee, credit report fee, etc.

There is a confusion about the real estate taxes. Will this go in the 'Any Increase Permitted' section or the 'No Increase Allowed?' I was thinking it would go in the 'Any Increase Permitted' because it is being paid to a third party, not us but I was told by another person that was not right and that it would go in the 'No Increase Allowed.' Any clarification?

Thanks in advance.

How can you over disclose anything on the Closing Disclosure????

As far as property taxes go, it depends on whether they are considered prepaid or not.

I meant Loan Estimate - Oops!

Property taxes are usually paid at closing if they owe anything at the time.

Over disclosing estimates on a LE is not going to comply with the "good faith" standard as set forth in the regulations. If the regulators see that you are always over-disclosing with no apparent reason, I would guess you should expect a citation.

For a discussion on property taxes, you might want to read this thread:

https://www.bankersonline.com/forum/ubbt...rty#Post1995627