Question

Of the various fees an applicant for a mortgage banker must pay in New York, which of the following is NOT one of those fees? A $1,500 fee for the home office requested An original mortgage banker bond of $50,000 A fingerprint fee of $94.25 A non-refundable $3,000 investigation fee

Answer 1

Answer: A $1,500 fee for the home office requested.

Explanation:

The fees that an applicant for a mortgage banker must pay in New York include the following:

• An original mortgage banker bond of $50,000

• A fingerprint fee of $94.25

• A non-refundable $3,000 investigation fee.

It should be noted that a $1,500 fee for the home office requested isn't among the fees to be paid.