PROGRAM SERVICE FEES

PROGRAM SERVICE FEES

Program

Services For...

MOHCD fee
(as of 7/1/16)

Downpayment Loan Assistance Program (DALP)*

Processing, Review, Underwriting and Preparation of Loan Documents

$580

City 2nd (CSLP)*

Processing, Review, Underwriting and Preparation of Loan Documents

$580

Mortgage Credit Certificate (MCC)

Application Processing

$696

Loans Combined with MCC*

Loan Applications (*, above) Combined and Submitted with MCC Application

$696

Refinance MCC

Processing

$696

Loan Subordination/Refinance

Subordination

$580

MCC/DALP/PIC/TND/BMR

Lender Initial (Participation Fee)

$870

MCC/DALP/PIC/TND/BMR

Lender Renewal (Participation Fee)

$349