![]() If you have a question about this fee schedule, please contact Planet’s Customer Service Department at (866) 882-8187, Monday through Friday from 8:30 a.m. Such default costs may vary, however, may include actual invoiced amounts for advances such as attorney’s fees, court costs, inspection fees, valuation costs such as AVMs or BPOs, title costs, and property maintenance fees, if state law and your loan agreement permit the assessment of such costs. Requests are received from other lenders to subordinate our lien position to theirsĪssessed for the review and recording the partial release if you or a third party requests a release of a portion of the property from the existing mortgage lien.Īssessed to the individual who assumes responsibility for an existing loan.ġ Other costs incurred by Planet as a result of any default on your loan may also be assessed to your account in accordance with your mortgage and note and applicable state and federal laws and regulations. 1 FeeĪssessed if your payment is not received before the expiration of the grace period stated in your loan documents.Īssessed if your bank returns a check unpaid.įee charged by the recording jurisdiction for the recording of loan documents such as a release/satisfaction or a modification agreement.Īssessed if you request funds to be wired to a specific bank account.Īssessed when a request is made to acknowledge in writing that a debt is inferior to the interest of another on the same property. The following is a list of fees that you may be assessed by Planet Home Lending, LLC (“Planet”) depending on the terms of your loan, your use of services offered to our customers, and applicable laws. The escrow account is established when we receive your up-front payment to fund the escrow account. This projection will show the up-front amount you will need to pay into the escrow account when we establish the escrow account for you. Once your request to establish escrow has been received with the required documentation, we will send you an escrow projection for the upcoming year. Please forward the requested information to: Copy of your current homeowners insurance policy, including the declarations page.A written statement signed by all mortgagor(s) requesting that an escrow account be established.Copies of your paid tax receipts from your local Tax Collector (usually the city or county Treasurer) for the current year.In order for us to set up an escrow account we will need the following information and documents:
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