Encompass Fee Matrix Academy Mortgage Corporation

[Pages:4]Encompass Fee Matrix

Description

LE/CD Section

Academy Mortgage Corporation

APR

Points &

Fees

Can Shop

Cannot Shop

Tolerance Not

Shopped

Tolerance DID Shop

700 Total Sales / Broker's Commission

Commission Paid at Settlement

H / H

N/A

N/A

N/A

Real Estate Commission

H / H

N/A

N/A

N/A

Real Estate ? Realtor / Broker Service Fee

H / H

N/A

N/A

N/A

Real Estate ? Transaction Coordinator Fee

H / H

N/A

N/A

N/A

800 Items Payable in Connection with Loan

Administration Fee

A / A

X

X

X

0%

Application Fee

A / A

X

X

X

0%

Appraisal Fee 2nd Appraisal Fee

B / B B / B

X

0%

X

0%

Appraisal Reinspection ? Final Inspection Fee

B / B

X

0%

Appraisal Review AVM Fee

B / B

X

0%

Attorney Fee ? Polunsky, Beitel and Green

B / B

X

X

X

0%

Broker Loan Origination Fee

A / A

X

X

X

0%

Commitment Fee

A / A

X

X

X

0%

Condo/PUD Questionnaire/Cert Fee

B / B

X

X

X

0%

Credit Report

B / B

X

0%

Flood Certificate Fee

B / B

X

X

X

0%

HUD Repo Escrow Admin Fee

B / B

X

X

X

0%

Inspection ? Pest/Termite ? Lender Required

B / C

X

0%

Inspection ? Septic ? Lender Required

B / C

X

0%

Inspection ? Water ? Lender Required

B / C

X

0%

Inspection Fee: Interim / Construction

B / B

X

0%

Investor Paid Compensation (brokered loans only)

A / A

X

X

X

0%

Lender Property Inspection Waiver Fee

B / B

X

X

X

0%

Loan Application Fee ? Subordinate Lien

A / A

X

X

X

0%

Loan Discount Points

A / A

X

X

0%

Loan Document Prep Fee - Lender

A / A

X

X

X

0%

Loan Origination

A / A

X

X

0%

Lock: Extended Lock > 60 Days

A / A

X

X

X

0%

Lock Extension (Expiring lock)

A / A

X

X

X

0%

National Homebuyers Funding Fee

B / B

X

X

X

0%

Processing Fee

A / A

X

X

X

0%

Subordination Agreement Fee

B / B

X

X

X

0%

Tax Related Service Fee

B / B

X

X

X

0%

Underwriting Fee

A / A

X

X

X

0%

USDA/RD Guarantee Fee

B / B

X

X

0%

Verification Fees (VOE, VOD)

B / B

X

X

X

0%

N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10% 10% 10% N/A

N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

HOUSING FINANCE AGENCY (HFA) FEES: Compliance/Admin Fee (eHousing) HFA Application/Processing Fee

HFA-CA-CHDAP Application Fee HFA-CO-Denver MMA Housing Fee HFA-FL-Bond Application Fee HFA-MA-MHFA Loan Processing Fee

HFA Program Fee HFA-AZ-Bond Fee HFA-CO-El Paso Program Fee HFA-IN-Housing Reservation Fee HFA-NV-Nevada Bond Fee HFA-OH Housing Admin Fee HFA-TX Texas Housing Review Fee

HFA Compliance Fee HFA-NV Compliance Review Fee HFA-TX-SETH Texas Compliance Fee

Encompass Fee Matrix

B / B

X

X

B / B

X

X

B / B

X

X

B / B

X

X

Page 1 of 4

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

Revised 4.1.2016

Encompass Fee Matrix

Description

LE/CD Section

Academy Mortgage Corporation

APR

Points &

Fees

Can Shop

Cannot Shop

Tolerance Not

Shopped

Tolerance DID Shop

HFA Funding/Wire Fee

B / B

X

X

HFA-CO-Denver MMA Funding Fee

HFA-CO-El Paso County Funding Fee

HFA-FL-Bond Down Payment Funding Fee

HFA-FL-HFA of Hillsborough County Multi-

County Funding Fee (Hillsborough and

Brevard Counties and City of Jacksonville)

HFA-OH-Ohio Housing Funding Fee

HFA-VT-Vermont Housing Funding Fee

HFA Transfer Fee

B / B

X

X

HFA-AZ-Housing Deed Transfer Fee

HFA-TX- SETH Texas Transfer Fee

HFA-AZ-Housing Fee HFA-FL-Bond 1st Mortgage Funding Fee HFA-FL-Hillsborough 1st Mortgage Application

Fee HFA-FL-Hillsborough 2nd Mortgage Application

Fee

B / B

X

X

B / B

X

X

B / B

X

X

B / B

X

X

HFA-MA-Mass Housing Hazard Tracking Fee

B / B

X

X

HFA-MA-MHFA Tax Service Fee

B / B

X

X

HFA-TX-SETH Texas Tax Service

B / B

X

HFA-TX-Texas Housing Participation Fee

B / B

X

X

HFA-UT-Utah Housing Score Loan Fee

B / B

X

X

HFA-UT-Utah Housing Wire Fee

B / B

X

X

HFA Warehouse Fee

B / B

X

X

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

MORTGAGE CREDIT CERTIFICATE (MCC) FEES:

MCC-Application Fee

B / B

X

X

MCC Processing Fee

B / B

X

X

MCC Program Fee

B / B

X

X

MCC-Participation Fee

MCC-FL-Broward Issuance Fee

MCC-FL-PBC Program Handling Fee

MCC-FL-PBC Program Participation Fee

MCC-ID-Idaho Housing

MCC-NC-NCHFA Fee

MCC-FL-Broward Handling Fee

B / B

X

X

MCC-FL-Hillsborough Lender Application Fee

B / B

X

X

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

RENOVATION LOANS: 203(k) Inspection Fee ? Lender 203(k) Misc APR Fees 203(k) Supplemental Origination Fee 203(k) Title Update Fees

HMStyle ? Inspection Fee HMStyle ? Title Updates

A / A

X

X

A / A

X

X

A / A

X

X

B / B

B / B

X

X

B / B

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

900 Items Required by Lender to be Paid in Advance

Borrower Paid Monthly MI payable upfront

F / F

X

0%

N/A

Conventional Up Front PMI ? Refundable pro rata

F / F

X

VARIES

X

0%

N/A

Conventional Up Front PMI ? Non-refundable

F / F

X

X

X

0%

N/A

Daily Interest

F / F

X

N/A

N/A

N/A

N/A

FHA ? UFMIP

B / B

X

X

0%

N/A

Flood Insurance Premium

F / F

X

N/A

N/A

Homeowners/Hazard Ins Premium

F / F

X

N/A

N/A

Insurance Premium ? HO6

F / F

X

N/A

N/A

Insurance Premium ? Hurricane

F / F

X

N/A

N/A

Insurance Premium ? Earthquake

F / F

X

N/A

N/A

Encompass Fee Matrix

Page 2 of 4

Revised 4.1.2016

Encompass Fee Matrix

Description

LE/CD Section

Academy Mortgage Corporation

APR

Points &

Fees

Can Shop

Cannot Shop

Tolerance Not

Shopped

Tolerance DID Shop

Insurance Premium ? Windstorm Property Taxes Due at Closing USDA/RD Guarantee Fee VA Funding Fee

F / F

F / F

B / B

X

B / B

X

X

N/A

N/A

N/A

N/A

N/A

N/A

X

0%

N/A

X

0%

N/A

1000 Impounds Deposited with Lender

Aggregate Adjustment

G / G

N/A

N/A

N/A

N/A

City Property Taxes

Conventional PMI Reserves County Property Taxes FHA Annual MIP (monthly) Ground Rent Reserves Insurance Impound ? Earthquake Insurance Impound ? Flood Insurance Impound ? HO6 Insurance Impound ? Homeowners Insurance Impound ? Hurricane Insurance Impound ? Windstorm Sanitation Assessment (East Coast) School Taxes State Property Taxes Township Property Taxes USDA Annual Fee (monthly)

G / G

G / G

X

G / G

G / G

X

G / G

G / G

G / G

G / G

G / G

G / G

G / G

G / G

G / G

G / G

G / G

G / G

X

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

**NOTE: TITLE CHARGES** If borrower `Did Not Shop' use Section B; if borrower `Did Shop' use Section C

1100 Title Charges

Title ? Abstract or Search Fee

BC / BC

X

10%

N/A

title ? Closing Fee

BC / BC

X

X

10%

N/A

title ? Closing Protection Letter (CPL)

BC / BC

X

X

title ? Title /Settlement Services

BC / BC

X

X

title ? Document Preparation Fee

BC / BC

X

title ? Electronic Delivery Fee

BC / BC

X

X

title ? Endorsements

BC / BC

X

title ? eRecording Processing Fee

BC / BC

X

X

title ? Escrow Admin Fee

BC / BC

X

X

title ? Examination (East coast)

BC / BC

X

title ? Government Service Fee

BC / BC

X

X

title ? Guarantee Fee

BC / BC

X

title ? Insurance Binder (OR & TX only)

BC / BC

X

title ? Lenders Title Premium

BC / BC

X

title ? Loan Tie-in Fee (CA add'l escrow company) BC / BC X

X

title ? Notary Fee

BC / BC

X

X

title ? Owners Title Insurance Premium

H / H

X

title ? Reconveyance

BC /BC

X

title ? Settlement or Closing Fee

BC / BC

X

X

title ? Tax Certificate

BC / BC

X

X

title ? TIEFF (Indiana)

BC / BC

X

X

title ? Title/Settlement Services Fee

BC / BC

X

X

title ? Wire/Courier/Email Fee

BC / BC

X

X

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

10%

N/A

1200 Government Recording and Transfer Charge

Deed Documentary Tax/Stamps County Conversion Fee (MN) GA "Per Loan Fee" Intangible Tax Mortgage

E / E E / E E / E E / E E / E E / E

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

X

0%

N/A

Encompass Fee Matrix

Page 3 of 4

Revised 4.1.2016

Encompass Fee Matrix

Description

LE/CD Section

Academy Mortgage Corporation

APR

Points &

Fees

Can Shop

Cannot Shop

Tolerance Not

Shopped

Tolerance DID Shop

Mortgage Registry Tax

E / E

X

Recording Fees - Assignment

E / E

X

Recording Fees ? Mortgage/Deed of Trust

E / E

X

Recording ? Releases

E / E

X

Transfer Tax

E / E

X

Transfer Tax City

E / E

X

State Tax/Stamps

E / E

X

1300 Additional Settlement Charges

1302 ? 1309: Only fees that are required by Academy and the borrower can shop for. These will roll up to Section C and won't be in Section H

1310 ? 1315:

Escrow Holdback

Energy Efficient Upgrades (holdback) Engineer Certificate (optional) HOA Dues (optional) HOA Dues Reserves (optional) HOA Setup and Transfer Fee (optional) Home Inspection (optional) Borrower's requested Home Warranty (optional) not required by Lender Legal Borrower Document Review (borrower requested attorney review of documents) Manufactured Housing Certificate Pest/Termite Inspection Fee?Borrower Requested Septic Inspection Fee ? Borrower Requested Water Inspection Fee ? Borrower Requested Rekey Fee (optional) Special Service District Charge Survey/ILC Fee (optional) Seller Per Diem ? Delayed Closing Seller Short Sale Payoff

NA / H NA / H H / H H / H H / H H / H H / H H / H

H / H

H / H H / H H / H H / H H / H H / H H / H NA / H NA / H

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

X

N/A

N/A

X

X

X

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

RENOVATION LOANS: 203(k) Architectural & Engineering Fees 203(k) Consultant Fee 203(k) Contingency Reserve 203(k) 1st Draw 203(k) Hard Cost of Repairs 203(k) Mortgage Payments Escrowed 203(k) Permits

HMStyle Architect & Engineering Fees HMStyle Consultant Fee HMStyle Contingency Reserve HMStyle 1st Draw HMStyle Hard Costs- Labor/Materials HMStyle Mortgage Payments Escrowed HMStyle Permit Fees

H / H

H / H

X

H / H

H / H

H / H

H / H

H / H

H / H

H / H

X

H / H

H / H

H / H

H / H

H / H

X

X

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

X

X

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

0% 10% 10% 10% 0% 0% 0%

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 0% 0% 0% N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A

N/AM N/A N/A N/A N/A N/A

Encompass Fee Matrix

Page 4 of 4

Revised 4.1.2016

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