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May the yield spread premium be shown as Paid Outside of Closing (P.O.C.) on the GFE and the HUD-1?

April 26, 2017closing GFE hud-1 outside p.o.c paid Premium spread yield

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May the yield spread premium be shown as Paid Outside of Closing (P.O.C.) on the GFE and the HUD-1?

1 Answer

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No. The yield spread premium is applied as a credit to the borrower in Block 2 on the GFE and in Line 802 on the HUD-1.