Have Servicing Questions? Ask Poli

AskPoli

Fannie Mae customers! Get answers to your Servicing Guide & policy questions with Fannie Mae's AI-powered search tool.

Launch Ask Poli for Servicers  

Guide Resources

Access forms, announcements, lender letters, notices, and more to stay current on our servicing policies.

View Resources  

F-2-09: Servicing Fees for Portfolio Mortgage Loans (09/11/2019)

Introduction

This exhibit contains servicing fees for portfolio mortgage loans.

 

Servicing Fees for Portfolio Mortgage Loans

The following table describes the servicing fees that apply to portfolio mortgage loans.

Product Servicing Fee

RD direct-leveraged conventional fixed-rate mortgage loans and RD-guaranteed fixed-rate mortgage loans

0.25% minimum fee

HUD-guaranteed Section 184 mortgage loans and FHA-insured Section 248 mortgage loans with a fixed interest rate

0.5% maximum fee

0.25% minimum fee

FHA-insured Section 248 mortgage loans with an adjustable interest rate

0.25% minimum fee

0.5% maximum fee

HomeStyle Renovation mortgage loans with a fixed interest rate

0.25% minimum fee

0.5% maximum fee for mortgage loans delivered on or after June 1, 2019

HomeStyle Construction-to-Permanent mortgage loans with an adjustable interest rate

0.25% minimum fee

1% maximum fee during construction phase, only if the mortgage loan is delivered under a commitment that specifies the premium pricing option

0.5% maximum fee during permanent phase, only if the mortgage is delivered under a commitment that specifies the premium pricing option

HomeStyle Construction-to-Permanent mortgage loans with a fixed interest rate 0.25% minimum fee

1% maximum fee during construction phase if the mortgage loan is delivered under a commitment that specifies the premium pricing option

0.5% maximum fee upon completion of the construction phase, if the mortgage loan is delivered under a commitment that specifies the premium pricing option or the mortgage loan is delivered on or after June 1, 2019

FHA Title I mortgage loans

0.5% minimum fee

1.25% maximum fee

Fixed-rate second-lien mortgage loans

0.5% minimum fee

1.25% maximum fee

Conventional fixed-rate, fully amortizing first-lien mortgage loans with the scheduled/scheduled remittance type

0.25% minimum fee

0.5% maximum fee for mortgage loans delivered on or after June 1, 2019

All other fixed-rate monthly payment first-lien mortgage loans with an actual/actual or scheduled/actual remittance type

Either 0.25% or 0.375% minimum fee (at lender's option)

0.5% maximum fee for mortgage loans delivered on or after June 1, 2019

Biweekly payment first-lien mortgage loans

Either 0.25% or 0.375% minimum fee (at lender's option)

All ARM loans

0.25% minimum fee

 

Recent Related Announcements

The table below provides references to recently issued Announcements that are related to this topic.

Announcements Issue Date
Announcement SVC-2019-06 September 11, 2019

Have You Tried Ask Poli?

Poli knows. Just ask.

Ask Poli features exclusive Q&As and
more—plus official Selling & Servicing
Guide
content.

Try Ask Poli

Related Articles


AskPoli

Customers Recommend Ask Poli

If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.

Guide Resources

For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more.

Visit Selling and Servicing Guide Communications and Forms

X
Having Issues with Seeing this Page Correctly?

Use Firefox or Chrome   How to do a hard refresh in Internet Explorer
We recommend that you use the latest version of FireFox or Chrome.

Download Firefox
Download Chrome
  A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page.
    Hold the Ctrl key and press the F5 key.
     

Email Us
If you still have Technical Support questions, feel free to emailAsk_Poli@fanniemae.com.