B-011- Condominium Review Fees

NOTICE TO MORTGAGE BROKERS:

 

Important Notice: Condominium Review Fees to be Disclosed on Loan Estimates and Closing Disclosures

 

Effective July 1, 2026

Historically, FLCBank has absorbed the cost of reviewing a condominium project’s eligibility for agency financing. Beginning July 1, 2026, this fee will be disclosed as a transaction-related cost and may be charged to the borrower when a condominium project review is required.

 

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