FORUM PROFILE

TRID Deed Prep Fee – Seller Paid

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #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?

    #9011
    rcooper
    Member

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

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.