Get Itemized Fee Worksheet - Encompass News And Service Portal

This guide provides clear and supportive instructions on filling out the Itemized Fee Worksheet, specifically designed for service providers and investors. By following these steps, users can ensure that they accurately complete the worksheet online, reflecting all relevant fees associated with the loan settlement process.

Follow the steps to successfully fill out the Itemized Fee Worksheet.

1. Press the ‘Get Form’ button to access the Itemized Fee Worksheet and open it in your preferred editor.
2. Begin by filling out the date at the top of the form to indicate when the worksheet is being completed.
3. Provide information in the 'Provided By' section, which typically includes the name of the service provider or lender.
4. Enter details about the subject property, including the address and any necessary identification to clarify the property's location.
5. List the borrower or borrowers' names in the appropriate fields, ensuring all parties are included.
6. Fill in the loan number, interest rate, type of loan, base loan amount, loan program, term, sales price, and total loan amount in their respective sections.
7. Proceed to the 'Estimated Closing Costs' section. Here, provide estimates for various charges, such as loan origination fees, application fees, and any other applicable fees under the headings provided.
8. In each designated field, write down the estimated costs, ensuring accuracy and thoroughness, as these figures impact the settlement process.
9. Continue to fill out any applicable additional sections for title charges, credit or charge for interest rate, and adjusted origination charges, inputting fees and charges as needed.
10. Once all sections are filled out, review the total estimated closing costs to ensure all amounts correspond correctly.
11. Complete the 'Estimated Reserve/Prepaid Costs' section by inputting necessary amounts related to daily interest, mortgage insurance premiums, and other potential costs.
12. Conclude filling out the form by reviewing the 'Transaction Summary' and calculating total estimated funds needed to close, including all monthly payments and closing costs.
13. Once you have finalized all entries, save your changes. You may then choose to download, print, or share the completed Itemized Fee Worksheet as required.

Begin filling out your Itemized Fee Worksheet online today for a smooth loan settlement process.