Schedule of Other Fees and Service Charges
As of May 01, 2023
*This fee is imposed for overdrafts created by checks, in-person withdrawals, ATM withdrawals or by other electronic means, as applicable drawn against insufficient or uncollected funds. Includes items paid, returned, ACH items for checking and savings accounts per item.
Withdrawals made using your Catskill Hudson Bank (CHB) Debit Card, or your CHB ATM Card at non-CHB (in the Allpoint Network) ATM facilities will be processed without a CHB fee, but may include any fee the facility owner may assess.
Standard Residential Mortgage Loan Servicing Fee Schedule
| Fee | Amount | Description |
|---|---|---|
| Mortgage Late Charge | 2% of P&I payment due | This fee is assessed when your mortgage payment is made after your payment grace period has expired. |
|
Appraisal
(may vary by property)
|
$460.00 - $1,000.00 | The fee charged by the appraiser will be passed on to you if an appraisal is ordered to determine your property’s value. |
| Real Property Tax Service Fee |
$90.00* *(+ $20 per $100k in loan amount above $500k) |
A one-time charge for ongoing real estate tax monitoring. |
| Exceed HELOC Credit Line (NSF – Returned Check) | $20.00 | Per occurrence for each HELOC check that would bring the balance above the credit limit. |
| Partial Release of Mortgaged Premises | Cost of Attorney review | No CHB fee. You would be expected to pay the actual cost of our attorney review of the document. |
| Mortgage Satisfaction or Discharge | Varies | No CHB fee to prepare. County Clerk charges a fee that varies by County and instrument being filed. |
| Mortgage Recast Fee |
$250.00*
*(+ 0.25% of the principal reduction)
|
This fee is assessed when a recast (reamortization after a large principal reduction is made to the mortgage; more than $75,000) is requested by the Borrower. |
| Subordination Fee | Attorney Fee - $300.00 | No CHB fee. Charge due Attorney is for preparation of Subordination Agreement. Appraisal is required, see fee above. |
Please Note: This list may not include all fees that may be charged for services rendered. Additional fees could be charged if you utilize services not listed above, or in special circumstances, such as in the event of bankruptcy or foreclosure. Fees are subject to change at any time.