July 16, 2024

Tax Service Fee Increase Effective October 1, 2024

 

Please take note that a small price increase on the Tax Service Fee is coming soon. Effective on loans purchased as of October 1, 2024, ServiSolutions will begin deducting an $85 Tax Service Fee on all loans with loan amounts of $500,000 or less.


A $10 upcharge will be assessed for every $100,000 over a loan amount of $500,000. See the example chart below:


Loan Amount                  Tax Service Fee

> $600,000                       $95

> $700,000                       $105

> $800,000                       $115


Please make all necessary changes for future loan closings.


If you have any questions, please contact Brian Hunt at bhunt@ahfa.com.

Alabama Housing Finance Authority

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