VA Interest Rates VA loan Application Denver Realtor

Chapter 8 Fees and Charges Paid by the Borrower

Previous Home Next


4.  Other Parties Fees and Charges for the Veteran-Borrower

 

Change Date

September 15, 2004, Change 4

This section has been changed to create subsection lettering.

 

a. Policy

The seller, lender, or any other party may pay fees and charges, including discount points, on behalf of the borrower.

 

VA regulations limit charges “made against or paid by” the borrower.  They do not limit the payment of fees and charges by other parties.

 

b. Exception

Excessive seller concessions are prohibited.

 

Reference:  See section 5 of this chapter.

   

Previous Home Next