2843. Restrictions on Chargeable Costs and Expenses.

2843. Restrictions on Chargeable Costs and Expenses. somebody

2843. Restrictions on Chargeable Costs and Expenses.
No “costs and expenses of making the loan” referred to in Section 10241 (a) which have not been paid, incurred or
reasonably earned by the broker shall be charged to the borrower. No fee may be charged to a borrower as part of the
costs and expenses of making the loan which exceeds the fee customarily charged for the same or comparable service
in the community where the service was rendered.
If the escrow depositary for a loan transaction is a licensed escrow agent, a title insurance company, a bank or trust
company or a savings and loan association, and a fee is charged to the borrower by the escrow depositary for the escrow
function, no additional fee may be charged by the broker, a salesperson licensed to the broker or any entity controlled
by the broker for services related to the conduct of an escrow.