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Closing Disclosure – Seller fees

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  • #121983
    AngieC
    Participant

    Are seller fees allowed to be disclosed in the Loan Cost sections A/B/C of the Closing Disclosure or are these just for borrower cost? In reading the Small Entity Compliance Guide, I believe seller cost are to be in the Other Cost section of the CD only. Can you please confirm?

    Thank you.

    #128167
    jholzknecht
    Keymaster

    Any fee listed in the loan costs or other costs section may be paid by the seller. That is why page 2 contains columns for borrower-paid, seller-paid, and paid by others.

    If you have a specific example you would like to discuss, provide the details and we will respond.

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