CALIFORNIA, STATE OF - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT 6 (2) -2007

Home Browse Search

Loan Cancellation Fee: one half of fee plus outside costs if loan is cancelled after delivery of Preliminary Risk Analysis to Ag8ncy. Total fee plus outside costs is charged if loan is cancelled after d~livery of full underwriting analysis. *Outside costs include, but are not limited to, title, credit, and appraisal. These costs are passed through from outside vendors and are subject to marketplace increases. D. LOAN DOCUMENT PREPARATION For each project for which documents are prepared: plus outside costs including, but not limited to, credit, and recording fees. $135.00 title, For each project for which title and credit reports have been supplied by U.S. Escrow, but which is thereafter cancelled without performance of loan document preparation: a cancellation fee of $37.50 plus outside costs for title and credit reports. For each project for which documents have been supplied by U.S. Escrow, but which is thereafter cancelled without performance of disbursement services: a cancellation fee of $75.00 plus outside costs for title and credit reports. A fee of $15.00 will be charged to Agency for each separate document to be redrawn due to actions by the Agency. E. CONSTRUCTION FUNDS DISBURSEMENT SERVICES For each project for which escrow disbursement services are performed: $75.00 plus recording fees. For each project for which escrow disbursement services are performed that require from 2 to a maximum of 4 deposits, a fee of S125.00 plus $25.00 per each de?osit beyond the original deposit and project opening. USE shall charge an additional fee of $50.00 for any project requ~r~ng this service whose total project amount is less than $100,000. F. GRANT DISBURSEMENT ESCROW For each project which involves disbursement of grant escrows: $90.00 per nine transactions.