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Wednesday, March 10, 2010

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Fee Schedule

All necessary reports will include the 1004MC form.

Report	Fee
URAR (FNMA 1004/FHLMC 70)	$350.00
2055 Exterior	$300.00
Condo Int/Ext (FHLMC465/FNMA 1073)	$350.00
Condo Ext (FHLMC466/FNMA 1075)	$300.00
2-4 Unit (FHLMC 72/FNMA 1025)	$500.00
Land Appraisal/Vacant Lot	$350.00
Market Conditions (1004MC)	$50.00
Final Inspection FHA & Conventional (FHLMC 442/FHMA 1004D)	$100.00
Appraisal Update (FHLMC 442/FHMA 1004D)	$175.00
FHA	$450.00
FHA Condo	$450.00
FHA 2-Unit	$500.00
FHA 3-4 Unit	$500.00
Detailed Cost Approach (required on new construction homes for FHA)	$50.00
Single Family Rent Schedule (FHLMMC 1000/FNMA 1007)	$125.00
Operating Income Statement (FNMA 216)	$50.00
Desk Review (DRF-1)	$150.00
Field Review	$200.00
Construction Draw (FHLMC 442/FHMA 1004D)	$100.00

Additional fees may be required for large and/or specialized custom residences — typically over 5,000 sf and other types of complex properties, such as large acreage, river front properties, unique residences, penthouse condo units, etc, as well as far outlying rural areas.

Please call to confirm

Fees are as of January 1, 2010.

Lenders Choice, Inc.
PO Box 9697 - Naperville, IL 60567
Phone: 630-778-7800 Fax: 630-778-7801

Physical Address:
10022 Bode, Ste 1C
Plainfield, IL 60585