Is it legal to charge Inspection Fees

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PostPosted: Tue Apr 16, 2013 11:36 am   Post subject: Is it legal to charge Inspection Fees  

Our mortgage service company keeps adding on Inspection Fees each month on our Mortgage Statement mostly $10.50 and then a $322.00 charge. When asked they said they sent someone out here to make sure our home was occupied? That is funny since we have NEVER missed a payment in 10 yrs???

I told them I wanted it removed from our balance - they had the "research Dept" send us a letter stated they do this periodically.????

Now I ask you what is up with people 'just taking' our money??

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PostPosted: Wed Apr 17, 2013 7:17 am   Post subject:   

Did they mention this in the original mortgage agreement? Technically, when a homeowner is late in his/her mortgage payments, the lender can charge property inspection fees. This inspection is ordered automatically when the mortgage goes into default. If the borrower is paying the mortgage on time, then the lender cannot charge this fee. You can report their activities with the following agencies or talk to your attorney.

Better Business Bureau (BBB)

Department of Housing and Urban Development (HUD)

Federal Trade Commission (FTC)

State Department of Banking


Owning a home is a keystone of wealth - both financial affluence and emotional security. ~ Suze Orman
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Joined: 12 Mar 2013
Posts: 270

Location: Sacramento, CA
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