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#2113694 - 01/10/17 07:05 PM Loan cost VS Services
Onehotidea Offline
Junior Member
Joined: Jul 2015
Posts: 36
Minnesota
Where should an evaluation of real estate fee be on the LE/ CD under loan costs- A. origination charges or B. Services you cannot shop for?? Thanks

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TRID - TILA/RESPA Integrated Disclosures Rule
#2113697 - 01/10/17 07:13 PM Re: Loan cost VS Services Onehotidea
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
In-house - A

3rd Party - B
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#2113698 - 01/10/17 07:13 PM Re: Loan cost VS Services Onehotidea
burke116 Offline
Platinum Poster
Joined: Jun 2014
Posts: 562
Petersburg, VA
If it's an evaluation being performed by the bank and the fee is being paid to the bank, it is an origination charge.

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#2113699 - 01/10/17 07:15 PM Re: Loan cost VS Services Onehotidea
Onehotidea Offline
Junior Member
Joined: Jul 2015
Posts: 36
Minnesota
perfect thanks

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