Compare Mortgage Quotes

hemsleysue · Joined: 13 Sep 2009 Posts: 72 0.02 Dollars($)

What are the fees/ charges termed as illegal in FHA mortgage?

jameshogg · Posted: Fri Oct 02, 2009 9:32 pm Post subject:

Hi hemsleysue,

As far as I know, in you want to go for a FHA loan, you should not pay any 'unearned fees'. According to the FHA guidelines as well as federal, state and local laws, these fees are considered as illegal. If you feel you are being asked to pay a prohibited fee, you can directly contact the FHA or a housing counselor immediately. You may even consult a lawyer who has expertise in home lending.

Thanks

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1