Do I have to document the source of closing costs paid by the borrower for Relief Refinance Mortgages?
Related Questions
- May a borrower elect a higher interest rate for the Relief Refinance Mortgage and apply the premium pricing toward closing costs, financing costs and prepaids/escrows?
- Can the borrower still include closing costs in their loan amount on a refinance and pay the broker directly?
- Do I have to document the source of closing costs paid by the borrower for Relief Refinance Mortgages?
