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Life of loan flood fee

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  • January 21, 2016 at 4:35 pm EST #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?

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  • January 25, 2016 at 10:27 am EST #8707
    rcooper
    Member

    Section B – Services You Cannot Shop For

    January 25, 2016 at 10:36 am EST #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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