Loan cost VS Services

Posted By: Onehotidea

Loan cost VS Services - 01/10/17 07:05 PM

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
Posted By: Dan Persfull

Re: Loan cost VS Services - 01/10/17 07:13 PM

In-house - A

3rd Party - B
Posted By: burke116

Re: Loan cost VS Services - 01/10/17 07:13 PM

If it's an evaluation being performed by the bank and the fee is being paid to the bank, it is an origination charge.
Posted By: Onehotidea

Re: Loan cost VS Services - 01/10/17 07:15 PM

perfect thanks