Fees Payable At Application: (Credited to closing costs)

$60 Application Fee  - Applicable on Conventional Loans

$60 Credit Report Fee - Applicable on FHA and VA Loans

$350 Property Appraisal Fee – Applicable On Conventional Loans   

$400 Property Appraisal Fee – Applicable On FHA and VA Loans

Southeast Mortgage accepts an application fee and/or a credit report fee of $60. The fee is required at time of application (after Truth-In-Lending is signed,) and is credited to the total closing costs at closing. Southeast Mortgage will pre-approve the mortgage application subject to the property appraisal valuation, verification of financial information and final underwriting approval.  Payment for the property appraisal must be paid at time of application (after Truth-In-Lending is signed,) and/or after the pre-approval stage. In the event the application is not pre-approved, any unused portion of the appraisal fee will be refunded. If the application is withdrawn and/or cancelled after approval, processing expenses will be offset.

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