FAQs

Is there a fee for the mortgage recast?

Yes, there is a $250.00 processing fee. To successfully complete your mortgage (or principal) recast, please keep the following in mind:

• The Fee: A standard $250.00 fee is required to process the recalculation of your loan.
• How to Pay: This fee must be included along with your lump-sum principal payment when you submit your official recast request.