TRID Deed Prep Fee – Seller Paid

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• March 25, 2016 at 1:30 pm EDT #8977
  Sandy

  Participant

  With a TRID purchase loan the deed prep fee is part of the closing. It is customary for the seller to pay this fee in our area. Will this go in section H “Other Cost” of the seller’s closing disclosure in this case? Or does the fee need to go in section B or C with the word “Title” in front of it on the seller closing disclosure?

  March 28, 2016 at 3:15 pm EDT #9011
  rcooper

  Member

  A fee that the creditor requires as part of the transaction would go under the Loan Costs section as you described.

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