Schedule of Fees

Fee Schedule for Contract Servicing

$100 Initial One‐time Setup Fee
$20 per month ($192 p/year) Servicing Fee for contracts with a fixed interest rate + up to 2 disbursements monthly
$30 ($120 p/yr) per ¼; for contract with ¼ ly payments; $50 ($100 p/yr) for contract paid bi‐annually; $90 for one annual payment

$75 Close out Fee
$2 per month per additional disbursement
$2 disbursement by paper check
$2 seller notice – mailed
$5 each per Partial Payment
$5 per replacement 1098 or 1099
$5 copy of contract
$10 each per payoff quote (in excess of 2 in 12 month period)
$10 per interest rate change
$5 for each incoming and outgoing wire, in addition to bank wiring fees
$20 NSF service fee (first occurrence) thereafter $30, in addition to any bank charges
$20 stop payment and reissue fee (in addition to any bank charges)
$50 Assumptions + Transfer Fee
$25 verification of mortgage or income provided
$50 demand letter – certified mail
$50 modifications or extensions processing
$100 foreclosure fee
$50 per hour – ELITEarch or audit fee