Finance
A homebuyer receives a Loan Estimate and notices the origination charges are significantly higher than what the lender verbally quoted. Under TRID, which fees are subject to a 0% tolerance (cannot increase at closing)?
ATransfer taxes
BHomeowner's insurance
CLender's origination charges and fees for required services where the lender chose the provider✓ Correct
DRecording fees
Explanation
Under TRID, origination charges (points, origination fees) and fees for services where the lender selected the provider are subject to a 0% tolerance — they cannot increase between the Loan Estimate and the Closing Disclosure without a valid change of circumstance.
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