Comments on: What Fees Are Allowed for an FHA Reverse Mortgage? http://www.bestreversemortgage.com/reverse-mortgage/what-fees-are-allowed-for-an-fha-reverse-mortgage/ The Unofficial Guide to Reverse Mortgages Tue, 06 Jan 2009 15:25:43 +0000 http://wordpress.org/?v=2.6 By: Peter G. Miller http://www.bestreversemortgage.com/reverse-mortgage/what-fees-are-allowed-for-an-fha-reverse-mortgage/#comment-207 Peter G. Miller Mon, 27 Aug 2007 22:58:01 +0000 http://www.bestreversemortgage.com/reverse-mortgage/what-fees-are-allowed-for-an-fha-reverse-mortgage/#comment-207 Hi -- My source is currently posted on the HUD <a href="http://www.hudclips.org/sub_nonhud/cgi/nph-brs.cgi?d=HSGH&s1=(4235.1)[no]&op1=AND&l=100&SECT1=TXT_HITS&SECT5=HEHB&u=./hudclips.cgi&p=1&r=3&f=G" rel="nofollow">site</a>. Is it possible that older regulations have been left online? Do you have a URL for something newer? Or, could there be conflicting regulations? Thanks. Hi –

My source is currently posted on the HUD site.

Is it possible that older regulations have been left online?

Do you have a URL for something newer? Or, could there be conflicting regulations?

Thanks.

]]> By: Juneboarder http://www.bestreversemortgage.com/reverse-mortgage/what-fees-are-allowed-for-an-fha-reverse-mortgage/#comment-206 Juneboarder Mon, 27 Aug 2007 21:36:17 +0000 http://www.bestreversemortgage.com/reverse-mortgage/what-fees-are-allowed-for-an-fha-reverse-mortgage/#comment-206 FHA allows a monthly servicing fee of $25-35. A max of $30 would be nice, but there are many HECM lenders out there that charge the full $35. http://search.hud.gov/search?q=cache:u4VspSqzq4cJ:www.fha.gov/reference/ml1998/98-03ml.doc+HECM+monthly+servicing+fee&access=p&output=xml_no_dtd&ie=UTF-8&client=default_frontend&site=default_collection&proxystylesheet=default_frontend&oe=ISO-8859-1 FHA allows a monthly servicing fee of $25-35. A max of $30 would be nice, but there are many HECM lenders out there that charge the full $35. http://search.hud.gov/search?q=cache:u4VspSqzq4cJ:www.fha.gov/reference/ml1998/98-03ml.doc+HECM+monthly+servicing+fee&access=p&output=xml_no_dtd&ie=UTF-8&client=default_frontend&site=default_collection&proxystylesheet=default_frontend&oe=ISO-8859-1

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