HELP! Estimated Prepaid Items:
Estimated 
Prepaid Items: 
Calculating prepaid items on a general basis is beyond the scope of this form.  Prepaid items on a purchase may include home inspections, pest inspections, homeowner warranties, etc.  Generally lenders use this category for purchases only, however, some lenders require that other items are included here for a refinance also, such as appraisal fee, the cost of a credit report, interest, property taxes, insurance, title and escrow fees, etc..

Most lenders include the later group above in the next item on the form ("estimated closing costs").

If you know the amount of these prepaid items (if any) you may enter them in the field provided.  You might give your loan officer a call to see if there are any prepaid items to list on your loan.

If you are unsure what to enter for "Estimated Prepaid Items", leave the field blank.
 

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