Points and Fees N.C. Gen. Stat. 24-1.1F(a)

Posted By: BeachGirl

Points and Fees N.C. Gen. Stat. 24-1.1F(a) - 09/25/12 02:06 PM

Any compensation paid to the broker from any source is counted in the points and fees test. However, if there is a credit given to the borrower on the GFE, is this credit factored in for the high cost test?

Thanks!