As we all know, the Family and Medical Leave Act (FMLA) requires covered employers to provide eligible employees with 12 weeks of unpaid leave during a 12-month period. Employers are allowed to define the 12-month period any way they wish â much like they are entitled to define the seven-day period that comprises a workweek [â¦]
In addition to this processing fee lenders also charge a fee to fax the payoff letter to you. Once again the fee can range from $5 to $60. Once you payoff your loan, the release of the mortgage must be filed.
The FHA also charges a 1.75 percent upfront fee when the borrower gets the loan. A borrower getting a $200,000 loan, after making a 3.5 percent down payment, pays $225 per month in FHA mortgage insurance, plus an upfront fee of $3,500.