Posted By: Dodge
Adding fees to an existing loan - 01/26/15 06:02 PM
We are sending documents to be signed by a customer who is working out of state. Is it permissible to add the fedex fee to the customer's loan? These documents pertain to the customer's loan.
Would adding a mailing fee to the loan be new money; therefore, right of rescission would apply?
Would adding a mailing fee to the loan be new money; therefore, right of rescission would apply?