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#2078547 - 05/13/16 03:12 PM California Natural Hazards Disclosure Report Fee
JG Offline
New Poster
Joined: Dec 2015
Posts: 11
Good Morning,

I have a couple questions about the California Natural Hazards Disclosure report.
- Is this an APR fee? I suspect not but confirming.
- Where does the fee typically reside on LE & CloD?
Thank you in advance for any guidance you can share.
J

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#2100229 - 09/23/16 09:25 PM Re: California Natural Hazards Disclosure Report Fee JG
Darth HMDA, CRCM, CAMS Offline
Diamond Poster
Darth HMDA, CRCM, CAMS
Joined: Dec 2013
Posts: 1,387
CA
If you require it you would disclose in Section B or C depending on whether the borrower is allowed to shop. If you do not require and it is a borrower-paid fee I would disclosue in Section H (Other)
_________________________
The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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#2100230 - 09/23/16 09:26 PM Re: California Natural Hazards Disclosure Report Fee JG
Darth HMDA, CRCM, CAMS Offline
Diamond Poster
Darth HMDA, CRCM, CAMS
Joined: Dec 2013
Posts: 1,387
CA
We do not require so we do not consider an APR fee. I would recommend contacting your legal counsel for a determination if you require.
_________________________
The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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