Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter IX - Office of Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development |
Part 1007 - Section 184A Loan Guarantees for Native Hawaiian Housing |
§ 1007.55 - Guarantee fee.
Latest version.
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§ 1007.55 Guarantee fee.
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.