24 C.F.R. § 1005.109 What is a guarantee fee?
Title 24 - Housing and Urban Development
The lender shall pay to the Department, at the time of issuance of the guarantee, a fee for the guarantee of loans under Section 184, in an amount equal to 1 percent of the principal obligation of the loan. This amount is payable by the borrower at closing.
Title 24: Housing and Urban Development
PART 1005—LOAN GUARANTEES FOR INDIAN HOUSING
§ 1005.109 What is a guarantee fee?