24 C.F.R. § 1005.603

Current through September 30, 2024
Section 1005.603 - Up-Front Loan Guarantee Fee

At settlement, the Direct Guarantee Lender will collect from the Borrower a one-time Up-Front Loan Guarantee Fee in an amount not exceeding three percent of the principal obligation of the Section 184 Guaranteed Loan. The amount will be set by HUD through a notice in the Federal Register.

24 C.F.R. §1005.603

89 FR 20056, 6/18/2024