24 C.F.R. § 1007.55
Current through October 31, 2024
The lender shall pay to HUD, at the time of issuance of the guarantee, a fee for the guarantee of loans under this part, in an amount equal to 1 percent of the principal obligation of the loan. This amount is payable by the borrower at closing.
24 C.F.R. § 1007.55