Effective October 1, 2010, Fla. Stat. Ann. § 494.0038(3)(c)(2) requires that licensees "must identify in writing the recipient of all payments charged [to] the borrower...[a]t the time the good faith estimate is provided to the borrower."

To accommodate this requirement, DocMagic, Inc.'s Compliance Department has created the "Florida Loan Fee Sheet" (DocMagic's file name: LFS5.MSC).  This disclosure lists the GFE Block Number, Fee Description and Payee, Fee Amount and Payor information for all borrower-responsible fees.  If you wish to include seller-responsible fees on the disclosure, please contact Customer Service.  This disclosure is included in all application, predisclosure and pre-closing loan packages as well as Forms List (for more information about Forms List, please click here.) where the security property is Florida.