Last Updated February 8, 2021
BOKF, NA Mortgage Servicing Fee Schedule
Fee Type
Fee Description
Fee Amount
Assumption Fee
This fee is assessed when the transfer of mortgaged
property from one or more persons to another is
complete.
FHA: $900
All other loan types: Varies
by Investor and loan type.
Late Payment Fee
Assessed when a periodic payment is not received by
the expiration of the grace period of a month.
Late fee amounts are
based on the terms of the
Loan Documents, loan
type, and applicable state
law. For loans originated
by the bank, late fees are
typically, 5% of the missed
payment for conventional
mortgages and 4% of the
missed payment for FHA,
VA, and USDA mortgages.
Lien Release Document Preparation
Fee
Fee for third party vendor to prepare documentation
required by the county to process a lien release.
$25
Actual Cost Incurred
Non-Sufficient Funds (NSF) Fee
Assessed when a payment is rejected by your
financial institution for any reason, such as
insufficient funds in the account, account closed, etc.
Typically, $25 but may vary
in accordance with
applicable investor
guidelines and state law.
Partial Release of Lien Fee
Assessed to process partial lien release.
FHA: $110
Non-FHA: $300
Recast Fee
Assessed when re-amortization is completed after
you request an adjustment of your monthly principal
and interest payment, with all other loan terms
remaining the same.
$300
Recording Fee
Fee charged by the County Recorder’s office to
record a full or partial lien release/satisfaction of
mortgage.
Actual Cost Incurred
Last Updated February 8, 2021
Varies by State, County,
document type and
number of pages
Valuation Fee (Broker’s Price
Opinion, Automated Valuation
Method, or Appraisal, as required)
Assessed when a property valuation is obtained.
Actual Cost Incurred
Amortization Schedule Requests
Request for a copy of your amortization schedule.
No Charge
Bankruptcy Fees and Costs
After a borrower files for bankruptcy protection from
creditors, fees and costs charged that are paid by the
lender and related to the legal proceedings. These
include, but are not limited to, attorney fees for legal
services performed and costs paid to a third party,
such as a court clerk, or other entity, for expenses
related to the legal proceedings
Actual Cost Incurred
Escrow Analysis Requests
Request for an escrow analysis.
No Charge
Hazard Insurance Policy Substitutions
Request to substitute a Hazard Insurance Policy to
replace existing policy.
No Charge
Last Updated February 8, 2021
Foreclosure Fees and Costs
Fees and costs charged that are paid by the lender
after a borrower defaults to bring legal action in
order to take possession of the property secured by
the loan according to the loan documents. These
include, but are not limited to, attorney fees for legal
services performed and costs paid to a third party,
such as a court clerk, sheriff, title company, or other
entity, for expenses related to the legal proceedings.
Actual Cost Incurred
Loan Documents
Initial request for a copy of your Note and
Mortgage/Deed of Trust.
No Charge
Modification Fee
Fee for processing a loan modification application.
No Charge
Payment History
Request for a payment history.
No Charge
Payment by Phone, Online or via a
Customer Service Representative
24-hour systems available for making payment by
phone or online. Customer Service Representatives
are available weekdays between 8 am - 5 pm CST.
No Charge
Last Updated February 8, 2021
Payoff Statement
Request for a statement of the amount required to
pay off your loan.
No Charge
Probate Fees
Services provided by a third party vendor to file a
Creditor’s Claim to protect the bank’s security
interest.
Actual Cost Incurred
Property Inspection Fee
Inspections are ordered when a loan becomes past
due 45 or more days to inspect and document the
physical condition and/or occupancy status of the
property.
Actual Cost Incurred.
Property Preservation Fee
Fee to maintain vacant or abandoned properties,
such as securing the property, property damage
repair, removal of personal property/debris,
maintaining utilities if necessary, mold remediation,
grass cuts and winterization.
Actual Cost Incurred
Property Registration Fee
To monitor higher risk properties and prevent blight,
many areas have implemented ordinances requiring
registration of properties that meet certain criteria.
Generally, requirements are based on vacancy,
foreclosure status, or property condition.
Actual Cost Incurred
Last Updated February 8, 2021
Short Sale/Deed in Lieu Fee
Fee for processing an application for Short Sale or
Deed in Lieu of Foreclosure.
Actual Cost Incurred
