Lock Extensions and Fees
Lock Extensions
Max of 8 extensions and/or a max of 45 days (Conventional and Government).
1st Request: 1.5 bps per day; each subsequent ext. at an additional cost of 0.5 bps per day.
Fees
Broker Origination & Funding Fees:
|
Product |
Fee |
|
Standard - Broker |
$1,199 |
|
Non-QM - Broker |
$1,499 |
|
FHA Streamline - Broker |
$699 |
|
USDA Streamline - Broker |
$699 |
|
VA IRRRL - Broker |
$199 |
|
Closed-End Second - Broker |
No fee |
Non-Delegated Correspondent Origination & Funding Fees
|
Product |
Fee |
|
Non-QM Funding Fee - WHSL Non-Del |
$1,199 |
|
Full-Doc Funding Fee - WHSL Non-Del |
$799 |
|
FHA Streamline Funding Fee - WHSL Non-Del |
$650 |
|
USDA Streamline Funding Fee - WHSL Non-Del |
$650 |
|
VA IRRRL Funding Fee - WHSL Non-Del |
$175 |
|
Closing Coordination Fee - WHSL Non-Del |
$295 |