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Re: LO paying for credit report or appraisal

Home Forums What else is on your mind? LO paying for credit report or appraisal Re: LO paying for credit report or appraisal

#2881
jholzknecht
Keymaster

I agree with jGo9, this is a bit unusual. Regarding completion of the HUD-1, it appears that the fee should be reflected as POC-L

I have no expertise in IRS reporting requirements, but there may be issues there. Does this reduce reportable income?

There are probably other issues beyond those mentioned here or in JGo9’s post. we would love to hear from other on this.