Examples of Loan Costs in a sentence
Enter “Exempt” if, pursuant to the 2018 HMDA Rule, your institution is not reporting Total Loan Costs or Total Points and Fees.
Total Loan Costs include what your lender charges to make the loan, as well as costs for services such as appraisal and title.
First Mortgage Loan Costs and Other Financing Fees & Interest are the Applicant's detailed estimates.
Loan Costs - Loan costs include the provision for loan losses, bad debt written off and collection costs.
The following is an illustration of how allowable interest is calculated: Outstanding Capital Asset Debt $2,500,000 Term of Debt 25 years Interest Rate (Chase Manhattan prime + 2%) 10 percent Facility Asset Value $2,000,000 Discount $125,000 Loan Costs $120,000 Allowable interest calculation—use the lesser of the facility asset value or the outstanding capital asset debt.