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ATTENTION PARTICIPATING LENDERS
IMPORTANT ANNOUNCEMENT
As a reminder, all FIRST mortgage loans should be disclosed with the below first mortgage fees.
$400 Funding Fee payable to “Master Servicer”
$75 Tax Service Fee payable to “Master Servicer”
$10 Flood Recertification Fee payable to “Master Servicer”
$275 Compliance Fee payable to eHousingPlus
The above fees should be disclosed as indicated above in Box B of the CD and any loans in which the payee doesn’t reflect “Master Servicer” the loan will be pended and a revised CD will be required.
There is no change to the fees for any second mortgage offerings. The only allowable fee on any FL Housing second mortgage remains the applicable recording charges.
All guidelines and the HTH Q&A have been updated to reflect this change. All lender guidelines are located on the eHousingPlus web page for reference.
If you have any questions, please contact us.
As always, thank you all for your continued support of our Homebuyer Loan Program.
Charles White
Homebuyer Loan Program Director
Charles.white@floridahousing.org
Sandy Smith
Homebuyer Loan Program Manager
Sandy.smith@floridahousing.org
Homeownership Loan Program Team
dpa@floridahousing.org
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