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[Decision Concerning Air Force Employee's Entitlement to Reimbursement for Loan Origination Fee]

B-229443 Dec 09, 1988
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Highlights

The Air Force requested a decision regarding an employee's claim for reimbursement of a loan origination fee of 2 percent of a conventional mortgage loan. The claimant contended that data showed that 2 percent was reasonably within the 1-to-3-percent range that existed in his new duty station's geographical area. GAO held that the Air Force reasonably limited reimbursement to 1 percent, since that was the dominant and customary charge in the area. Accordingly, the claim was denied.

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