Legal

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Borrower fees

Fees Description
Late Charge Fee (%)
From: 0% To: Varies
Late charges vary and the amount assessed is based on specific loan documents and state restrictions.
NSF or Returned Check Fees
From: $0.00 To: $50.00
Varies based on fees incurred for processing returned checks.
Inspections Fees
From: $0.00 To: $675.00
Standard Inspection: $20; Rush Inspection: $45; Multiple Units: $20 for the 1st unit, $10 for each additional unit, Maximum Charge: 52 units + 24 hour rush + Consolidated Report = $675.
BPO or Broker Price Opinion Fee
From: $0.00 To: $575.00
Exterior BPO: $145; Interior BPO: $185; Commercial Exterior BPO: $400; Commercial Interior BPO: $500; AVM’s: $12. In addition, any BPO could be required to be reconciled. Reconciliation Fee: $75.
Appraisal Fee
From: $0.00 To: $2,000.00
Exterior Appraisal: $600; Interior Appraisal: $800; Commercial Exterior Appraisal: Quoted Only”; Commercial Interior Appraisal: Quoted Only”. “Depending upon property type, size and location price will vary. In addition, any appraisal could be required to be reconciled. Reconciliation Fee: Varies per above.
Title Search Fee
From: $0.00 To: $200.00
Dependent upon whether it is just a search or if an ALTA policy is issued. ALTA policy may be more than $200, if a policy needs to be issued it may exceed this amount.
Foreclosure Fees and Costs
From: $0.00 To: $5,000.00
Varies based on time involved and hourly rate and type of foreclosure (Judicial/Non-Judicial). RoundPoint Mortgage Servicing LLC follows the FNMA fee structure.
Foreclosure Attorneys’ Fees
From: $0.00 To: $5,000.00
Varies based on time involved and hourly rate and type of foreclosure (Judicial/Non-Judicial). RoundPoint Mortgage Servicing LLC follows the FNMA fee structure.
Loan Modification Fee
From: $0.00 To: $1,000.00
Dictated by Investor Guidelines.
Loss Mitigation Processing Fee
From: $0.00 To: $0.00
No fees are assessed.
Bankruptcy Fees and Costs
From: $0.00 To: $5,000
Varies based on time involved and hourly rate. RoundPoint Mortgage Servicing LLC follows the FNMA fee structure.
Breach Letter Fees
From: $0.00 To: $0.00
No fees are assessed.
Litigation Fees and Costs
From: $0.00 To: $100,000.00
Varies based on time involved and hourly rate.
Property Preservation Fees and Costs
From: $0.00 To: $5,000.00
Varies based on extent of work needed, time property requires maintenance and hourly rate. RoundPoint Mortgage Servicing LLC follows FNMA Guidelines and investor approval for work is always required.
Recording Cost
From: $0.00 To: $500.00
Varies based on fees charged by the county recorder.
Lien Release Processing Cost
From: $0.00 To: $10.00
Varies based on fees incurred for processing.
Recast Fee
From: $0.00 To: $300.00
Recast fees vary based on specific state and investor regulations.
Assumptions
From: $0.00 To: $900.00
Assumption fees vary based on specific state and investor regulations.
CEMA Processing Fee
From: $0.00 To: $250.00
Fee for processing the file.
CEMA Cancellation Fee
From: $0.00 To: $250.00
Pass-through attorney fee for preparing necessary documents (Assignments/Allonges).
CEMA Attorney Closing Fee
From: $0.00 To: $400.00
Pass-through attorney fee for handling the Collateral File and attending the closing. This fee is Payable to the CEMA Attorney and is due at the time of Closing.

Last updated: September 26, 2024