Allowable closing costs definition

Allowable closing costs means a disbursement listed on a settlement statement for the purchase of a single-family residence in this state by a qualified beneficiary.
Allowable closing costs means disbursements listed in a settlement statement for
Allowable closing costs means a disbursement listed on a settlement statement for

Examples of Allowable closing costs in a sentence

  • Allowable closing costs include the actual cost of credit reports, the loan origination fee, set- tlement fee, deposit verification fees, document preparation fees (if per- formed by a third party not controlled by the lender), and other reasonable and customary costs as determined by Rural Development.

  • Allowable closing costs include the actual amount expended for any item (credit report, appraisal, etc); the actual amount expended or escrowed for taxes, insurance, and prepaid interest; and origination fees.


More Definitions of Allowable closing costs

Allowable closing costs means a disbursement listed on a
Allowable closing costs means a disbursement listed on a settlement statement for the purchase of
Allowable closing costs means a disbursement listed 15
Allowable closing costs means the disbursements listed on a
Allowable closing costs means disbursements listed in a settlement statement for the purchase of a single-family residence by an account holder.
Allowable closing costs means a disbursement listed on a settlement statement for the purchase of a single-family residence in the Commonwealth by a qualified beneficiary.
Allowable closing costs means disbursements listed in a