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Life of loan flood fee

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This topic contains 2 replies, has 2 voices, and was last updated by  mcarey 3 years ago.

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  • Author
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  • #8701

    mcarey
    Participant

    Where does the charge for the life of loan portion of the flood determination need to be disclosed? Section F for pre-paids or Section B for services you cannot shop for?

    #8707

    rcooper
    Keymaster

    Section B – Services You Cannot Shop For

    #8708

    mcarey
    Participant

    We’ve been told in the past that the life of loan is a pre-paid fc that affects the APR. Is this no longer the case? and if so can we list the amount of the determination and life of loan as one fee?

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