HI Jack, thank you for your response. We use laser pro as our LOS and if we are typing a refinance the assumption language is not there. Is this incorrect?
Since our note has the language “CUSTOMER SHALL PROMPLTY UPON DEMAND BY BANK REIMBURSE BANK FOR THE COST OF EACH SUCH APPRAISAL.” What is the best way to collect the fee and be compliant? Can we just send them a copy of the bill or can we add it to the loan as added fees and collect when the loans pays off.