Most Popular Lending Content
Are construction loan inspection fees (performed by an outside firm) included in the APR calculation?
08/12/2002
Are inspection fees (for construction loans) included in the APR calculation if the bank is using an outside firm to do the inspections? I know that if the inspections are done in-house than they are included, but what about if some other firm is doing them?
Referral Fees For Commercial Loans
08/12/2002
Our bank is considering paying a referral fee to certain external sources for commercial loans that are originated. Are we requires to disclose this referral fee to the customer? Can the cost be passed onto the customer in some form?
If the customer can't read or write, can they sign for the loan with an 'X'
08/12/2002
In making a loan to someone who cannot read nor write, should I have someone sign as P.O.A., or just have him/her place an 'X' for their signature?
Does having a preferred rate feature make the loan variable rate? -- BankersSystems
08/05/2002
Does having a preferred rate feature make the loan variable rate?
Sample Notice of Homeownership Counseling
08/05/2002
Where can I find a sample notice of homeownership counseling required by amendment to the National Housing Act(amendment effective 112601)?