BUNDLED CHARGES FOR TITLE SERVICES AND LENDER’S TITLE INSURANCE (GFE #4 / HUD LINE 1101)
REVISED 01/01/11
ALL FEES FOR TITLE SERVICES QUOTED HEREIN, REGARDLESS OF TRANSACTION TYPE, INCLUDE: SETTLEMENT/CLOSING SERVICES; FUNDS DISBURSEMENT AND DOCUMENT DELIVERY; E-DOCUMENT FEES AND DOCUMENT DOWNLOAD FEES, WHEN APPLICABLE; EXPRESS FEES AND/OR WIRE FEES THAT ARE THE MORTGAGOR'S EXPENSE; NOTARY SERVICES; MORTGAGEE REQUIRED WORK ESCROWS; AND, APPLICABLE SALES TAX.
TRANSACTION TYPE:
PURCHASE TRANSACTIONS - OWNER'S AND EXTENDED COVERAGE LOAN TITLE INSURANCE ISSUED SIMULTANEOUSLY:
THE PREMIUM FOR THE OWNER’S TITLE POLICY, FROM COLUMN (1) OF OUR RATE CHART REVISED 01/01/11, WILL BE SHOWN SEPERATELY UNDER “Owner’s Title Insurance – from GFE #5)
INCLUDED , IN ADDITION TO THE SETTLEMENT CLOSING SERVICES, ARE THE CHARGES FOR THE EXTENDED COVERAGE LOAN TITLE POLICY, THE ALTA FORM 9 – COMPREHENSIVE ENDORSEMENT, THE 8.1 RESIDENTIAL ENVIRONMENTAL ENDORSEMENT, AND ARBITRATION DELETION.
PURCHASE TRANSACTIONS THAT DO NOT INCLUDE ISSUING AN OWNER'S TITLE INSURANCE POLICY SIMULTANEOUSLY:
ADD TO THE $425.00 TITLE SERVICES FEE THE APPLICABLE CHARGE FOR AN EXTENDED COVERAGE LENDER'S TITLE POLICY FROM COLUMN (1) OF OUR RATE CHART REVISED 01/01/11. LIST THE TOTAL IN BLOCK 4 OF THE GFE.
INCLUDED, IN ADDITION TO THE SETTLEMENT CLOSING SERVICES AND THE APPLICABLE CHARGE ADDED FOR THE EXTENDED COVERAGE LOAN TITLE POLICY, ARE THE ALTA FORM 9 – COMPREHENSIVE ENDORSEMENT, THE 8.1 RESIDENTIAL ENVIRONMENTAL ENDORSEMENT, AND ARBITRATION DELETION.
REFINANCE TRANSACTIONS:
ADD TO THE $425.00 TITLE SERVICES FEE THE APPLICABLE CHARGE FOR AN EXTENDED COVERAGE LENDER'S TITLE POLICY AT REFINANCE RATE FROM COLUMN (3) OF OUR RATE CHART REVISED 01/01/11. LIST THE TOTAL IN BLOCK 4 OF THE GFE.
INCLUDED, IN ADDITION TO THE SETTLEMENT CLOSING SERVICES AND THE APPLICABLE CHARGE ADDED FOR THE EXTENDED COVERAGE LOAN TITLE POLICY, ARE THE ALTA FORM 9 – COMPREHENSIVE ENDORSEMENT, THE 8.1 RESIDENTIAL ENVIRONMENTAL ENDORSEMENT, AND ARBITRATION DELETION.
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FEE
$475.00
$425.00; AND
$425.00; AND
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