The Est. Taxes, Insurance, and Assessment Fees tab appears for all consumer closed-end real estate loans with an application date of 10/3/2015 or later. It is available for both application and closing phases.
Users can view existing fees and add new fees on this tab. Existing fees are a combination of hard-coded fees and any fees that default from setup. If a fee is added on this tab, users can enter values for the following fields:
When users hover over the Est. Taxes, Insurance and Assessment Fees tab, the following help message appears: Any fee information contained in this tab will not be included in the Prepaid Section of the Loan Estimate but will be included within the Estimated Taxes, Insurance & Assessments section of the Loan Estimate and Closing Disclosure. Prepaid fee information from TERMS and/or escrowed fees should not be rekeyed within this tab.