Experience. Results. 10+ years in the mortgage industry.

This is your site for current mortgage lending industry news that affects your ablility to secure sensible financing for your home purchase or refinance.






Monday, April 25, 2011

VA Tax Service and attorney fees

Tax Service Fee is an UNALLOWABLE Fee for VA Loans.

The borrower cannot pay the lender's attorney fees.

Also, please be aware that if the borrower chooses personal representation by an attorney at the closing, it cannot be the same attorney that is representing the lender. It must be a separate attorney to allow the borrower to pay an attorney fee.

No comments:

Post a Comment