Expense Deposit
Expense Deposit to cover cost of appraisal, credit and background checks, processing fees, and other out-of-pocket expenses. All charges will be reconciled at closing with any balance being applied to closing costs. The Deposit is refundable if the loan does not close, less any costs actually incurred.
Expense Deposit to cover cost of appraisal, credit and background checks, processing fees, and other out-of-pocket expenses. All charges will be reconciled at closing with any balance being applied to closing costs. The Deposit is refundable if the loan does not close, less any costs actually incurred.
Please note: We accept credit card and paypal for expense deposits up to $3,000. For amounts greater than that, please fill out the ACH form here: