Credit report fee definition

Credit report fee means a fee charged to a borrower by a lender or broker in connection with a mortgage loan application to recover the direct cost of the fee charged by a credit reporting agency for obtaining a credit report. A credit report fee may be charged to a borrower by a residential mortgage lender or by a residential mortgage broker, but not by both in connection with the same mortgage loan application. A lender or broker may charge a borrower a credit report fee for a second credit report provided that requiring a second credit report is in accordance with duly promulgated rules.
Sample 1Sample 2Sample 3
Credit report fee means a fee charged to a borrower by a
Sample 1Sample 2Sample 3
Credit report fee. $ Other: : $ Association Application Fee: $ Other: : $
Sample 1

Examples of Credit report fee in a sentence

  • Credit Report Fee $ The deposit will be applied toward the total cost of the credit report, which may exceed the amount of the deposit.

  • You agree to pay, by a debit to your Account, the following initial, non-refundable fees to set up this Account: Description Amount Description Amount Title Insurance «f97» Underwriting Fee «f416» Escrow Fee «f95» Processing fee «f105» Appraisal Fee «f93» Loan origination fee «f410» Wire fee «f418» Broker fee «f34» Credit Report Fee «f103» Administration Fee Recording fee «f101» Notary Fee «f99» You agree to pay the exact amount of any initial fee that is estimated.

  • The fees that you must pay are as follows (check all that apply): Application Fee $ Appraisal Fee* $ Credit Report Fee* $ Mortgage Broker Fee $ Other: $ Other: $ Other: $ The Application Fee is not refundable refundable under the following conditions: *If the appraisal and credit report are not done for any reason, the fees for these items will be refunded in full.

  • Optional Disputing Credit Inquiries on your Credit Report: Fee of $50 for each Inquiry (per credit bureau) from each credit reporting agency.


More Definitions of Credit report fee

Credit report fee. $ Other: : $   ___________________ ________________________ ____________________ Association Application Fee: $ Other: : $
Sample 1

Related to Credit report fee

  • Credit report means any written, oral, or other communication of

  • Credit reporting agency means a corporation that carries on a credit reporting business.

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Credit Reference Bureau means a credit reference bureau duly licensed under the Banking Act pursuant to the Banking (Credit Reference Bureau) Regulations, 2013, as amended, revised or promulgated from time to time, to inter alia, collect and facilitate the sharing of customer credit information;

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.”

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Flood Insurance Rate Map (FIRM means the official map on which the Federal Insurance Administration has delineated both the areas of special flood hazards and the risk premium zones applicable to the community.