A charge by the lender for processing transfer of a loan from one party to another.
A charge levied by a lender to a purchaser who takes title to property by assuming an existing mortgage. The charge can be a fixed amount; for example, $100, or perhaps a percentage of the outstanding balance, for example, one percent. The assumption fee is paid to the lender at the time of settlement or closing.
Fee usually paid by the buyer to a lender if the buyer assumes, or takes on, an existing mortgage.
A processing fee paid to the lender upon the transfer of the sellerâ€(tm)s existing mortgage to the buyer.
A fee a lender charges a buyer who will assume the seller's existing mortgage.
In the event of a sale in which the mortgage is assumed by the buyer, lenders often charge a fee for such assumption. This fee, usually paid by the buyer, is called an assumption fee.
The fee paid to a lender, usually by the buyer of real estate, when a loan is assumed.
The fee paid to a lender (usually by the purchaser of real property) resulting from the assumption of an existing mortgage.
The fee paid to a lender (usually by the purchaser of real property) when an assumption takes place.
Fee charged by a loan company in connection with assumptions to transfer records into a new purchaser's name. This expense, unless stipulated otherwise, is normally paid by the buyer.
The fee paid to a lender (usually by the buyer) for the lender's agreement to start collecting payment from the buyer instead of the original borrower (seller).
The lender's charge for paperwork involved in processing records for a new buyer assuming an existing mortgage. ()
A charge levied by the lender (usually against the party assuming the mortgage) for the privilege of assuming a mortgage. May be a fixed amount or a percentage of outstanding principal on the mortgage at the time of the assumption.
The amount paid to a lender for the paperwork and processing of records necessary to approve and document a new debtor.
This is a fee which is charged when a buyer “assumes†or takes over the responsibility of paying the seller's existing mortgage loan.
sometimes charged for processing buyer's assumption of seller's loan.
A fee the lender charges to process new records for a buyer who assumes an existing loan.
The charge made by a lender when a buyer assumes seller's existing loan.
Lender's charge for paper work involved in processing records for a new buyer assuming an existing loan.
When a new owner is assuming an existing loan, the lender will charge this fee to cover the costs of the changing over process.
The fee charged by a lender, and usually paid by the borrower, resulting from the assumption of an existing mortgage.
the fee charged by a lender for the privilege of allowing a buyer to assume an existing mortgage, frequently at a lower interest rate than a new mortgage would demand.
Lenders will charge a fee to update mortgage records when a buyer assumes an existing mortgage from the seller.
The fee you pay the lender in order to assume someone else's mortgage loan.
Enter the fee you charge for letting the borrower assume an existing mortgage.
A fee the lender charges for processing new records for a buyer assuming an existing loan.
Fee the lender charges to process the paperwork for the buyer assuming the existing loan.
Lender's charge for changing over and processing new records for a buyer who is assuming an existing loan.
A lender's charge for updating records when a buyer takes responsibility for a mortgage from the seller.