How is a payment from the lender to the mortgage broker that will be “paid outside of closing” (P.O.C.) shown on the GFE and HUD-1?
Related Questions
- If there is a changed circumstance, do the mortgage broker and the lender both need to retain documentation of the reasons for any revised GFE?
- How is a payment from the lender to the mortgage broker that will be "paid outside of closing" (P.O.C.) shown on the GFE and HUD-1?
- May the yield spread premium be shown as Paid Outside of Closing (P.O.C.) on the GFE and the HUD-1?
