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Deductions & credits
If in the closing disclosure these processing and underwriting fees are specificanlly listed under Origination Charges? There are three lines items like below.
Section: Loan Costs
A. Origination Charges = $4
1. 1% of Loan Amount (Points) = $2
2. Processing Fees = $1
3. Underwriting Fees = $1
Are you sure that total of $4 can not be deducted, but only $2?
‎September 29, 2019
9:12 PM
7,048 Views