Skip to main content

Clarification Regarding Increase in GRMA $6.50 Per Loan Fees

The Department has received several calls and e-mails regarding our news release pertaining to the increase in the GRMA per loan fee.  On May 12, 2010, O.C.G.A. Section 7-1-1011(2)(b) was amended to increase from $6.50 to $10.00 the loan fee that must be remitted to the Department for each residential mortgage loan that closes for which a security deed, a modification of a security deed or other form of modification of a security interest is recorded.  For more information on this loan fee increase, please refer to the announcement here.

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.