Posted by Closer TN on 6/9/05 5:49pm
Msg #43616

IREP

I was wondering if anyone knew what the standard fee for IREP per closing? (In house closing)

Reply by kynotary on 6/9/05 6:09pm
Msg #43629

they pay me $75 per closing for beneficial finance closings.

Reply by CloserTN on 6/9/05 6:32pm
Msg #43634

I thought it was somewhere around there but I have heard anything from 65.00 to 150.00.
Just curious. Thanks!

Reply by Forest on 6/9/05 7:46pm
Msg #43646

Integrated Real Estate Processing

$115 for loan docs + 25 for E-mail docs. When they are doing HFC/Benneficial its less.

Reply by TNCloser on 6/9/05 8:10pm
Msg #43655

Re: Integrated Real Estate Processing

Thanks! I had heard various amounts for in house closings.

Reply by Melody on 6/10/05 1:15am
Msg #43719

IREP is a title company

Don't let them BS you into accepting SS fees.

Reply by BrendaTX on 6/10/05 6:17am
Msg #43729

Re: IREP is a title company

Melody, If IREP is a title company, and not saying they are not, why is there a title company named TETRS, Inc. on the HUD 1 in Texas closing I do?

Reply by Loretta Reed on 6/10/05 7:22am
Msg #43742

Re: IREP is a title company

IREP is a title company. Their customer service dept gets on my nerves sometimes because the reps are not experienced. My brother in law is the MD/DE rep for Beneficial Mortgage/HSBC. HSBC bought out Beneficial Mortgage. The are one of the largest banks in the world. In the top 5 to be exact. I get $90 for a closing at the branch. The are trying to make me do them for $75 but as long as I do not reduce my fee and I am requested by the branch, they have to give me the $90.

Reply by BrendaTX on 6/10/05 7:49am
Msg #43744

Melody and Loretta - you are right...

I knew that IREP was a title company in my mind, but I also know that they use an abstracting company in this area. I had a momentary pause in brain function.

Reply by TN Notary on 6/10/05 9:02am
Msg #43753

$50.00