Finance
Pennsylvania's mortgage recording tax is:
A1% of the loan amount, paid at closing
BPennsylvania does not have a separate mortgage recording tax — the Realty Transfer Tax covers deed recording✓ Correct
C0.5% of the purchase price
D2% of the loan amount for commercial mortgages
Explanation
Pennsylvania does not impose a separate mortgage recording tax (unlike some other states). The Realty Transfer Tax applies to deeds conveying real property. Mortgage recording fees are generally nominal administrative fees charged by the county recorder.
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