Legal Question in Real Estate Law in Georgia

processsing fee

I was a mortgage broker working from home. I took a upfront fee for the processing of the loan and after working on it for a month I was not able to get the loan closed. The client is now demanding a refund of the fee. What is the law about the refund? I am in GA but the loan is in Fla.


Asked on 4/07/08, 11:01 pm

1 Answer from Attorneys
Charles W. Field Charles W. Field, Attorney at Law

Re: processsing fee

The quickest way to find an answer may be to contact the GA Assn. of Mortgage Brokers. http://www.gamb.org/ If they can't help, consult with a local attorney.

Read more
Answered on 4/11/08, 4:56 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Georgia