Page 23 - ABN Seller's Guide

2020 Seller s Guide Step 10

HAT ARE CLO I G CO T

C a . B a , a a-
a a . W a a , a G Fa E a
a .

A a a F :
A fee o pa an independen app ai e .

C R F :
A one ime fee co e ing he co of he c edi epo .

D P a a F :

The e ma be a epa a e fee co e ing he p epa a ion of he final legal pape .

H F :
Some a ocia ion ma e i e an pf on depo i o d e , a ell a a fee o an fe hei eco d f om
elle o b e (T an fe Fee). The e amo n a fo each a ocia ion.

L a D :
A one ime fee o adj he ield on he loan o ha ma ke condi ion demand (of en called POINTS).

L a O a F :
A one ime fee cha ged b he lende fo hei admini a i e co .

M a T C a :
The i le compan ma cha ge fee fo i em ch a a i le ea ch, i le e amina ion, doc men
p epa a ion, eco ding fee , no a fee , and lo ing o e lemen fee.

PMI P :
Depending on o do n pa men , o ma ha e o pa an pf on fee fo mo gage in ance. Lende

al o ma e i e monie o be held b hem in a e e e acco n .

P a I :
A pe diem cha ge ha ma a depending on he da of he mon h o loan clo e .

Ta a Ha a I a :
Depending on he mon h o p ope clo e , o
ma be e i ed o eimb e he elle fo p ope a e . Yo ill ha e o pa a ha a d
in ance p emi m pf on and ma be e i ed b he lende o p a ce ain amo n of
a e and in ance in a e e e acco n . Thi acco n i held b he lende .
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