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CA DEPT HOUSING & C.D. 2 - 2004
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CA DEPT HOUSING & C.D. 2 - 2004
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Last modified
1/3/2012 3:15:37 PM
Creation date
9/2/2005 4:18:38 PM
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Contracts
Company Name
State of California Department of Housing & Community Development
Contract #
A-2004-276A
Agency
Community Development
Council Approval Date
9/7/2004
Expiration Date
4/27/2025
Destruction Year
2030
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<br />COMPENSATION <br /> <br />united states Escrow respectfully submits the folloloiing fees for <br />the Agency's consideration: <br /> <br />A. [JOAN AND REBATE GENERAL INFORMATION AND SCREENING <br /> <br />Applicant Screening: <br />$20.00 to $45.00 <br />explanation of <br />questionnaire, and <br />negotiated by USE <br />done. <br /> <br />per questionnaire (includes phone <br />programs and complete screen <br />mailing of applications). Fee to be <br />and City, based on final work to be <br /> <br />Application Intake and Completion: <br />$75.00 per completed application <br />completing application and <br />documentation). <br /> <br />(includes compiling and <br />borrower support <br /> <br />For a file in which a Preliminary Risk Analysis (PRA) is <br />performed but which is not approved for loan processing: a <br />fee of $145.00. <br /> <br />B. SINGLE FAMILY LOAN PROCESSING <br /> <br />For each loan for which processing and underwriting are <br />performed: $285.00 plus outside costs. <br /> <br />Loan Cancellation Fee: one half of ~ee plus outside costs if <br />loan is cancelled after delivery of Preliminary Risk Analysis <br />to Agency. Total fee plus outside costs is charged if loan <br />is cancelled after delivery of full un0erwriting analysis to <br />Agency. <br /> <br />*Outside costs include, but are not limited to, title, credit, <br />and appraisal. These costs are passed through from outside <br />vendors and are subject to marketplace increases. <br /> <br />C. MULTI FAMILY. COMMERCIAL. AND ECONOMIC DEVELOPMENT LOAN <br />PROCESSING AND UNDERWRITING <br /> <br />Employed Individual or <br />Married Couple/Sole <br />Proprietor $400 plus outside costs* <br />corporation $450 plus outside costs* <br />Partnership $650 plus outside costs* <br />Limited partnership $1000 plus outside costs* <br />
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