§ 1005.603. Up-Front Loan Guarantee Fee.
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/us/cfr/t24/s§ 1005.603·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.