What Fees can the Veteran NOT pay?

• Lender's appraisals
• Lender's inspections, except in construction loan cases
• Loan closing or settlement fees
• Document preparation fees
• Preparing loan papers or conveyance fees
• Attorney's services other than for title work
• Photographs
• Interest rate lock-in fees
• Postage and other mailing charges, stationery, telephone calls, and other overhead
• Amortization schedules, pass books, and membership or entrance fees
• Escrow fees or charges
• Notary fees
• Commitment fees or marketing fees of any secondary purchaser of the mortgage and preparation and recording of assignment of mortgage to such purchaser
• Trustee's fees or charges
• Loan application or processing fees
• Fees for preparation of truth in lending disclosure statement
• Fees charged by loan brokers, finders or other third parties whether affiliated with the lender or not, and
• Tax service fees
• The veteran cannot pay for appraisals requested by parties other than the veteran or lender.
• A fee may not be charged for a flood zone determination made by the lender or a VA appraiser.

In proposed construction cases in which the dwelling was constructed under HUD supervision, the cost of any inspections or reinspections must be borne by the builder or sponsor and are not chargeable to the veteran-purchaser. This includes:

• reinspections by VA or HUD of on-site or off-site work for which an escrow agreement was established, and
• any additional reinspections deemed necessary by VA to assure conformity with VA regulations.