ARS Calculator Update- Suffolk County, NY

December 13, 2016/in Updates/by Natalia Herbert

The ARS Calculator has been updated to reflect a new fee in Suffolk County, New York. The county legislature approved an amendment to Local Law 26-2016 that adds a Mortgage Verification Fee of $300 per document on all mortgage related documents. This law goes into effect on January 1, 2017.

The Mortgage Verification Fee fee will apply to all mortgage related documents, such as, but not limited to, mortgages, mortgage assignments, CEMAs and mortgage satisfactions.

We stand behind our rate calculator, which is why we advise you to pull a new quote for each application, to ensure you are receiving a current fee. If you do not have access to our calculator, please inquire with us for a login.

Lastest News

Title Tale: Title Tips for TrustsApril 18, 2024 - 10:09 am
Instead of Title Tales this month, how about Title Tips? Specifically, Title Tips for Trusts (say that ten times fast and see where your tongue ends up!). ARS specializes in reverse mortgages, and for obvious reasons there are many more trusts to review in proportion to orders than for any other loan type. They keep […]
Title Tale: Power of Attorney ScenarioMarch 25, 2024 - 1:57 pm
Written by: Mylene Marcelo, Title Manager/Title Officer We have a current vesting deed adding son into title dated 2017 as joint tenants with rights of survivorship. The Deed was executed by a Power of Attorney (POA) made by Wilma, Principal to Fred Jr., as Agent. The POA was dated 1997. Wilma was competent at the time […]
Daylight Savings ReminderMarch 1, 2024 - 3:02 pm
Sunday, March 10, 2024
March Fee Calculator UpdatesMarch 1, 2024 - 3:02 pm
We are constantly updating to reflect any increases or decreases in state fees or underwriter changes to ensure that you are pulling accurate quotes each time. Our calculator has been updated to reflect fee changes in the following state(s): Idaho, Michigan, Nevada Conveniently get a quote any time, day or night, by simply […]

Updates

Title Tale: Title Tips for TrustsApril 18, 2024 - 10:09 am
Instead of Title Tales this month, how about Title Tips? Specifically, Title Tips for Trusts (say that ten times fast and see where your tongue ends up!). ARS specializes in reverse mortgages, and for obvious reasons there are many more trusts to review in proportion to orders than for any other loan type. They keep […]
Title Tale: Power of Attorney ScenarioMarch 25, 2024 - 1:57 pm
Written by: Mylene Marcelo, Title Manager/Title Officer We have a current vesting deed adding son into title dated 2017 as joint tenants with rights of survivorship. The Deed was executed by a Power of Attorney (POA) made by Wilma, Principal to Fred Jr., as Agent. The POA was dated 1997. Wilma was competent at the time […]

You might also like

Contact

Updates

We are