This will be charged to you at closing for your convenience. Document Processing Fee Preparation and shipment of your final closing documents. This viewer is for the viewing of a loan package from BancMortgage. This is used mainly for the Closing Attorney offices, unless otherwise instructed by your BancMortgage representative. Click on the link to download the viewer.
Federal law mandates flood insurance if the property is located in a flood zone.
Therefore, lenders pay a flood research company to determine if the property lies in a flood zone. Lender Underwriting Fee Lenders must engage an underwriter to manage risk and determine the conditions that will affect a mortgage loan. After you purchase your home, the lender must make sure the property taxes are paid on your home. They pay a one-time fee to a tax service company, which either forwards the bill directly to the lender, or monitors your payments and notifies the lender if you stop making them. The Wire Processing Fee is a fee assessed by a financial institution for wiring closing funds to the closing agent.