{
 "name": "Mortgage recast fee by lender",
 "url": "https://mortgage-recast-calculator.com/mortgage-recast-fee",
 "rows": [
  {
   "lender": "Bank of America",
   "recast_fee": "No fee",
   "fee_as_published": "No fee ('There is no fee for a recast of your loan.')",
   "minimum_lump_sum": "$5,000 in principal curtailment over the last six months (can be cumulative)",
   "eligibility": "First six months of required payments made; loan current; no recast in the previous 12 months; Bank of America says eligibility is 'based on investor guidelines and can change without notice'",
   "how_to_request": "Call 800.669.6607 then eligibility letter then mailed 'recast agreement' signed with wet signatures by all borrowers, returned in the prepaid envelope by the deadline",
   "processing_time": "Funds due within 30 days of request; new P&I next month if received by the 15th, two months later if on/after the 16th; payment updated two business days after the signed agreement arrives; no new-payment estimate until the recast is complete",
   "repeat_rule": "Once every rolling 12 months",
   "source_url": "https://www.bankofamerica.com/mortgage/faqs/"
  },
  {
   "lender": "Wells Fargo",
   "recast_fee": "No fee",
   "fee_as_published": "'No transaction fee is required for the recast option' (jumbo loan recast option)",
   "minimum_lump_sum": "'a principal payment of $10,000 or more'",
   "eligibility": "Marketed as a jumbo-loan option; 'Certain timing and other requirements must be met and will be explained at the time a recast request is made. Eligibility must be confirmed by calling a home mortgage consultant.'",
   "how_to_request": "Recast request by phone to a home mortgage consultant",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.wellsfargo.com/mortgage/learn/home-financing-and-cash-flow/"
  },
  {
   "lender": "TD Bank",
   "recast_fee": "$100",
   "fee_as_published": "'Payment Modification due to Principal Reduction , $100' (residential mortgage; $35 on home equity loans and lines)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published (servicing request)",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.td.com/content/dam/tdb/document/pdf/personal-banking/final-ny419-fee-schedule-final-approved-version-acc-en.pdf"
  },
  {
   "lender": "Citizens",
   "recast_fee": "$150",
   "fee_as_published": "$150 recast processing fee",
   "minimum_lump_sum": "$5,000",
   "eligibility": "not published in the readable excerpt (page blocks non-browser fetches)",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.citizensbank.com/learning/mortgage-servicing-fees.aspx"
  },
  {
   "lender": "Lakeview Loan Servicing",
   "recast_fee": "$250",
   "fee_as_published": "'a non-refundable fee of up to $250' ('if required in your state')",
   "minimum_lump_sum": "$10,000",
   "eligibility": "Government-backed (VA, FHA, GNMA, USDA) not eligible; interest-only, Option ARM and commercial loans not eligible; no credit check; recently transferred accounts may wait 90 days",
   "how_to_request": "'Recast request form' submitted BEFORE the lump sum, fee paid, then a 'Recast Agreement' signed and returned",
   "processing_time": "Lakeview says it 'can take up to 90 days'",
   "repeat_rule": "not published",
   "source_url": "https://www.mylakeviewloan.com/help-center/payments/mortgage-recast"
  },
  {
   "lender": "Mr. Cooper (now Rocket)",
   "recast_fee": "$250, Rocket Mortgage terms",
   "fee_as_published": "Mr. Cooper is now part of Rocket Mortgage, so Rocket's $250 recast fee applies",
   "minimum_lump_sum": "see Rocket ($10,000 within 12 months)",
   "eligibility": "see Rocket",
   "how_to_request": "Client Support (800) 4-ROCKET",
   "processing_time": "see Rocket (up to 90 days)",
   "repeat_rule": "see Rocket",
   "source_url": "https://www.mrcooper.com/"
  },
  {
   "lender": "Newrez / Shellpoint",
   "recast_fee": "$250",
   "fee_as_published": "'$250 administration fee, though this fee isn't applicable in all states'; Shellpoint fee schedule: 'Recasting Fee $0-$300 as permitted by state law'",
   "minimum_lump_sum": "'at least $10,000 or 10% of your unpaid principal balance (UPB)'",
   "eligibility": "May be eligible: conventional, Fannie Mae/Freddie Mac, ARMs in repayment. Not eligible: VA/USDA/FHA, most jumbo, HELOC, bond loans, interest-only, GNMA",
   "how_to_request": "'Submit a formal request'; then make the principal curtailment",
   "processing_time": "New schedule 'often 30 days after your curtailment is submitted'",
   "repeat_rule": "not published",
   "source_url": "https://www.newrez.com/blog/self-help-articles/what-is-a-mortgage-recast/"
  },
  {
   "lender": "PennyMac",
   "recast_fee": "$250",
   "fee_as_published": "'$250.00 processing fee' included with the lump sum",
   "minimum_lump_sum": "'at least $10,000.00' (wire or certified funds recommended)",
   "eligibility": "PennyMac says a recast is 'exclusively available for Conventional loans'; not HELOC, closed-end seconds, interest-only, FHA/VA/GNMA",
   "how_to_request": "'Official recast request', then wire (JPM Chase, OBI 'Attn RCSP [loan number]') or certified funds to PennyMac Loan Services, Attn: Cash Management RCSP, 6101 Condor Drive, Moorpark CA 93021",
   "processing_time": "PennyMac quotes 'up to 6 weeks' after funds and fee received; loan must stay current; current month's payment applied first",
   "repeat_rule": "not published",
   "source_url": "https://www.pennymac.com/faqs/billing-20-recast-fee"
  },
  {
   "lender": "Rocket Mortgage",
   "recast_fee": "$250",
   "fee_as_published": "'Rocket Mortgage charges $250 for a mortgage recast'",
   "minimum_lump_sum": "'at least $10,000 to be applied to principal' , can accumulate over a 12-month period",
   "eligibility": "Qualifying conforming loans associated with Fannie Mae or Freddie Mac; government-backed not eligible; jumbo varies; at least two consecutive monthly payments made; no separate equity requirement",
   "how_to_request": "Separate recast request to the servicer (an extra payment does not trigger it); no credit check, appraisal or income docs",
   "processing_time": "Rocket says it 'can take up to 90 days'; keep paying the current amount until the new payment appears",
   "repeat_rule": "'doesn't limit the number of times a client can recast'",
   "source_url": "https://www.rocketmortgage.com/learn/recast-mortgage"
  },
  {
   "lender": "Truist",
   "recast_fee": "$250",
   "fee_as_published": "'Recast , Up to $250, if permitted by applicable state law'",
   "minimum_lump_sum": "'a principal curtailment that is 10% or more of the unpaid principal balance'",
   "eligibility": "Truist says a recast is possible 'provided the recast request meets certain requirements' (not itemised)",
   "how_to_request": "Request to servicing",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.truist.com/content/dam/truist-bank/us/en/documents/rates-fees/personal/truist-standard-mortgage-servicing-fees.pdf"
  },
  {
   "lender": "U.S. Bank",
   "recast_fee": "$250",
   "fee_as_published": "'Recast modification fee , $250. The fee is not chargeable for bankruptcy or SCRA.'",
   "minimum_lump_sum": "not published ('a large principal reduction')",
   "eligibility": "not published",
   "how_to_request": "Request to servicing",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.usbank.com/dam/en/documents/pdfs/home-loans/mortgage-fee-schedule.pdf"
  },
  {
   "lender": "Regions Bank",
   "recast_fee": "$275",
   "fee_as_published": "'Modification Fee $275 , Fee for process of a Principal Reduction modification & for overnight of documents. Fees are subject to change.'",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published (mortgage forms and fees page)",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.regions.com/personal-banking/home-loans/forms-fees"
  },
  {
   "lender": "loanDepot",
   "recast_fee": "$500",
   "fee_as_published": "'Recasts $500.00' on the General, GA, CO and NY servicing fee schedules (as of 8/29/2025)",
   "minimum_lump_sum": "not published ('a large principal payment (curtailment)')",
   "eligibility": "not published",
   "how_to_request": "Request to servicing (866) 258-6572",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.loandepot.com/servicing-fee-schedules"
  },
  {
   "lender": "Movement Mortgage",
   "recast_fee": "$500",
   "fee_as_published": "'Fee: $500'",
   "minimum_lump_sum": "'Principal curtailment must equal or exceed $10,000'",
   "eligibility": "Conventional owned by Fannie Mae or Freddie Mac; serviced by Movement; good standing, not in bankruptcy; one on-time payment at original terms; due for next month's payment at application; PMI can be removed in the same process if the balance drops to ≤ 80% of original value",
   "how_to_request": "Application via servicing 855-979-1084 / servicing@movement.com",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://movement.com/faqs"
  },
  {
   "lender": "Servbank",
   "recast_fee": "$500",
   "fee_as_published": "$500 processing fee, paid before the recast is completed",
   "minimum_lump_sum": "$10,000 , single payment or multiple principal reductions within three months of the request",
   "eligibility": "Fannie Mae and Freddie Mac conventional only; not FHA/VA/USDA; first liens only; current, no bankruptcy; not in an interest-only period; ARMs: no rate change within 30 days; fees paid; not scheduled for servicing release within 15 days",
   "how_to_request": "Recast request via servicing (help FAQ)",
   "processing_time": "not published",
   "repeat_rule": "'Some investors may permit only one recast within a 12 month period'",
   "source_url": "https://myloan.servbank.com/HelpFaq?category=Mortgage%20Recast"
  },
  {
   "lender": "AmeriHome",
   "recast_fee": "Not published",
   "fee_as_published": "not published (no public recast policy page found)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": ""
  },
  {
   "lender": "Carrington Mortgage Services",
   "recast_fee": "Not published",
   "fee_as_published": "not published",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://carringtonms.com/mortgage-assistance"
  },
  {
   "lender": "Cenlar (subservicer)",
   "recast_fee": "Not published",
   "fee_as_published": "not published (policy follows each client bank's schedule)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.cenlar.com/"
  },
  {
   "lender": "Chase",
   "recast_fee": "Not published",
   "fee_as_published": "not listed on the Chase recast page; ask a Home Lending Advisor",
   "minimum_lump_sum": "None ('there is no minimum amount required')",
   "eligibility": "FHA, VA and USDA not eligible; Chase says eligibility is 'based on investor guidelines and can change without notice'; loan must be in good standing; no appraisal, no credit check, no income documentation",
   "how_to_request": "Sign the 'recast agreement'; contact a Home Lending Advisor",
   "processing_time": "not published",
   "repeat_rule": "Can recast again after a further principal reduction",
   "source_url": "https://www.chase.com/personal/mortgage/recast-for-buyers"
  },
  {
   "lender": "Citi",
   "recast_fee": "Not published",
   "fee_as_published": "not published (servicing FAQ has no recast entry)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.citi.com/mortgage/servicing/faq"
  },
  {
   "lender": "Dovenmuehle (subservicer)",
   "recast_fee": "$150 to $600",
   "fee_as_published": "$150–$600 'Modification Principal Reduction' fee (exact fee by phone; charged as permitted by GSE/investor guidelines and state law)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published (investor guidelines)",
   "how_to_request": "Request to Customer Service 1-800-669-4268; fee and required information provided before the service is performed",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.dovenmuehle.com/feeschedule"
  },
  {
   "lender": "Fairway Home Mortgage",
   "recast_fee": "Set by the servicer",
   "fee_as_published": "'A recast fee may be assessed, and this varies by servicer' (Fairway Home Mortgage sells servicing; the new servicer processes the recast)",
   "minimum_lump_sum": "'typically $10,000.00 or 10% of the unpaid principal balance'",
   "eligibility": "Conventional Fannie Mae/Freddie Mac eligible; FHA, USDA, VA not eligible; no prior modifications; not delinquent or in bankruptcy; interest-only not eligible; ARMs reviewed ≥ 6 months before the first rate change; waiting period varies by servicer",
   "how_to_request": "'Written request is required'; 'a formal loan modification requiring documents to be produced, mailed, signed by customers and returned to the servicer'",
   "processing_time": "not published",
   "repeat_rule": "'Servicers may limit the number of recasts'",
   "source_url": "https://www.fairway.com/payment-information"
  },
  {
   "lender": "Fifth Third",
   "recast_fee": "Not published",
   "fee_as_published": "not published (Mortgage FAQs have no recast entry)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.53.com/content/fifth-third/en/personal-banking/borrowing-basics/mortgage/mortgage-welcome-center/MSR-faqs.html"
  },
  {
   "lender": "Flagstar",
   "recast_fee": "Not published",
   "fee_as_published": "not published (pages return 403 to non-browser fetches; servicing sold to Mr. Cooper in 2024, now Rocket)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.flagstar.com/"
  },
  {
   "lender": "Freedom Mortgage",
   "recast_fee": "Not published",
   "fee_as_published": "not published for Freedom; generic '$150 and $250' range stated",
   "minimum_lump_sum": "not published for Freedom; generic '$5,000, $10,000, or more'",
   "eligibility": "Freedom says a recast 'can only be done on conventional loans'; payment history; some lenders require minimum equity (Freedom's book is heavily FHA/VA)",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.freedommortgage.com/learn/mortgages/mortgage-recast"
  },
  {
   "lender": "Rate (Guaranteed Rate)",
   "recast_fee": "A few hundred dollars",
   "fee_as_published": "not published ('a relatively small processing fee … a few hundred dollars')",
   "minimum_lump_sum": "not published ('$5,000-$10,000')",
   "eligibility": "generic",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.rate.com/mortgage/resource/refinance-or-recast"
  },
  {
   "lender": "Guild Mortgage",
   "recast_fee": "Not published",
   "fee_as_published": "not published (recast is not in Guild's 'Common Servicing Fees' table)",
   "minimum_lump_sum": "not published (principal-only payments ≥ $10,000 must be wired or certified funds)",
   "eligibility": "not published",
   "how_to_request": "not published; servicing 1.800.365.4441",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.guildmortgage.com/help-center/faqs/"
  },
  {
   "lender": "Huntington",
   "recast_fee": "Not published",
   "fee_as_published": "not published (403 to non-browser fetches; no excerpt in search)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.huntington.com/"
  },
  {
   "lender": "KeyBank",
   "recast_fee": "Not published",
   "fee_as_published": "not published",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.key.com/"
  },
  {
   "lender": "M&T Bank",
   "recast_fee": "Not published",
   "fee_as_published": "not published",
   "minimum_lump_sum": "not published ('a large payment applied to your principal only')",
   "eligibility": "Request after the first mortgage payment with M&T; maturity date unchanged",
   "how_to_request": "Request to M&T",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.mtb.com/personal/mortgages-and-loans/mortgages/manage/mortgage-transfers/mrcooper-mortgage-customers/mrcooper-transfer-frequently-asked-questions"
  },
  {
   "lender": "Navy Federal",
   "recast_fee": "Not published",
   "fee_as_published": "not published (Mortgage FAQs: 0 recast mentions; the $250 'No-Refi Rate Drop' fee is a different product)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published (large VA share , VA loans are not recastable)",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.navyfederal.org/loans-cards/mortgage/frequently-asked-questions.html"
  },
  {
   "lender": "Planet Home Lending",
   "recast_fee": "Not published",
   "fee_as_published": "not published",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": ""
  },
  {
   "lender": "PNC",
   "recast_fee": "Not published",
   "fee_as_published": "not published",
   "minimum_lump_sum": "'a minimum of $10,000 towards your principal'",
   "eligibility": "Government-backed (FHA, VA, USDA) not eligible (explainer); explainer notes 'your lender may require two months of on-time payments'",
   "how_to_request": "not published; explainer recommends getting the recast proposal and amortization schedule in writing",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.pnc.com/en/customer-service/mortgage-customer-service/payment-options/payment-options.html"
  },
  {
   "lender": "SoFi",
   "recast_fee": "Not published",
   "fee_as_published": "not published (educational article only)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.sofi.com/learn/content/recast-mortgage/"
  },
  {
   "lender": "USAA",
   "recast_fee": "Not published",
   "fee_as_published": "not published (no recast page found; candidate help URLs 404)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published (VA-heavy book)",
   "how_to_request": "not published",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.usaa.com/"
  },
  {
   "lender": "UWM (United Wholesale Mortgage)",
   "recast_fee": "Not published",
   "fee_as_published": "not published (wholesale lender; servicing by subservicers)",
   "minimum_lump_sum": "not published",
   "eligibility": "not published",
   "how_to_request": "not published , the subservicer on the statement sets the terms",
   "processing_time": "not published",
   "repeat_rule": "not published",
   "source_url": "https://www.uwm.com/loan-servicing"
  }
 ]
}