Processing, Origination Fees and Closing Costs Sample Clauses

Processing, Origination Fees and Closing Costs. Subject to the maximum charges set forth in the applicable Administrator’s Guidelines, but only as permitted by FHA, RD, VA, Xxxxxx Mae or Xxxxxxx Mac, as applicable, the Participant may, in connection with each Mortgage Loan, charge and collect from the Mortgagor or seller of a Single Family Residence at the time of Closing of the Mortgage Loan the following: (i) the Origination Fee, which Origination Fee shall not in any event exceed the applicable Xxxxxx Mae, Xxxxxxx Mac, FHA, VA or RD limits, (ii) the Discount Fee, and (iii) all reasonable and customary out-of- pocket costs permitted by law paid or incurred by Participant, including but not limited to the tax service fee and the life of loan flood monitoring fee as specified in the Lender’s Guide, notary fees, settlement fees, document preparation fees, hazard, mortgage or life insurance premiums, survey, title insurance premiums, appraisal fees, attorneys’ fees, the Bond Application Fee (pursuant to Section 4.08 hereof), documentary and intangible taxes, if any, recording or registration taxes and charges, prepaid escrow deposits and similar charges. The HUD-1 Settlement Statement and related loan documents shall separately and distinctly disclose the Origination Fee and Discount Fee, if any, and shall clearly reflect that the Origination Fee does not exceed 1% of the principal amount of the Mortgage Loan or such other amount allowed by FHA, VA, RD, Xxxxxx Mae or Xxxxxxx Mac regulations, as applicable, subject to the limits set forth in the applicable Administrator’s Guidelines. In addition, Participant may collect at the time of loan application an Application Fee in an amount approved by the Issuer as set forth in the related Invitation and in the applicable Administrator’s Guidelines for the costs of the appraisal and the credit report (any moneys remaining out of the Application Fee must be refunded at the time of Closing) from the Mortgagor or Seller as permitted by Xxxxxx Mae, Xxxxxxx Mac, FHA, VA or RD, as applicable. Participant may also collect at the time of Closing from the Mortgagor or seller as permitted by Xxxxxx Mae, Xxxxxxx Mac, FHA, RD or VA, as applicable, all reasonable and customary out-of- pocket costs permitted by law paid or incurred by Participant, including but not limited to notary fees, settlement fees, document preparation fees, hazard, mortgage or life insurance premiums, survey, title insurance premiums, appraisal fees, attorneys’ fees, Bond Application Fee, applicable do...
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Related to Processing, Origination Fees and Closing Costs

  • Processing Costs In addition to the Purchase Price, Buyer shall pay Processing Costs in the amount of $900.00, to be paid to Seller in cash or other readily available funds at closing. The Processing Costs are owed in addition to the Purchase Price and shall not be considered part of the Purchase Price.

  • Inspection Fees The Developer agrees to pay the inspection fees as required by fee schedule established by Teton County for its Planning and Building Department.

  • Collection Fees If collection fees are assessed or attorney’s fees are expended by the University in the process of obtaining unpaid housing charges, the student will be responsible for the payment of those fees in addition to the unpaid housing charges.

  • Transaction Fees The State of Florida, through the Department of Management Services, has instituted MyFloridaMarketPlace, a statewide eProcurement system pursuant to section 287.057(22), F.S. All payments issued by Customers to registered Vendors for purchases of commodities or contractual services will be assessed Transaction Fees as prescribed by rule 60A-1.031, F.A.C., or as may otherwise be established by law. Vendors must pay the Transaction Fees and agree to automatic deduction of the Transaction Fees when automatic deduction becomes available. Vendors will submit any monthly reports required pursuant to the rule. All such reports and payments will be subject to audit. Failure to comply with the payment of the Transaction Fees or reporting of transactions will constitute grounds for declaring the Vendor in default and subject the Vendor to exclusion from business with the State of Florida.

  • Closing Costs The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.

  • Processing Fees The Borrower acknowledges that processing fee as mentioned in the Schedule hereto has been paid by the Borrower.

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money

  • Termination Fees It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the Energy you consume that is supplied by XOOM. In addition, you must also pay us any outstanding payment obligations you have incurred under this Contract that remain unpaid, including related wire service, distribution and administration fees, and all applicable Taxes up to the termination date. If you do not pay us the amounts owing by the date indicated, we will charge you the Late Payment Charge.

  • Taxes and Custodial Fees Any income taxes or other taxes levied or assessed upon or in respect of the assets or income of the custodial account and any transfer taxes incurred shall be paid from the custodial account. All administrative expenses incurred by the Custodian in the performance of its duties, including fees for legal services rendered to the Custodian, and the Custodian’s compensation shall be paid from the custodial account, unless otherwise paid by the depositor or his or her beneficiaries. The Custodian’s fees are set forth in Section 3 of the General Information section at the beginning of this booklet. Extraordinary charges resulting from unusual administrative responsibilities not contemplated by the schedule will be subject to such additional charges as will reasonably compensate the Custodian. Fees will be charged for any liquidation including transferring to a successor trustee or custodian. The fee will be taken from the remaining balance of the account in the event of a partial liquidation. The fee will be taken from the proceeds in the event of a total liquidation and the balance of the account will be forwarded in accordance with the depositor’s instructions.

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

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