24 C.F.R. § 1007.55 Guarantee fee.
Title 24 - Housing and Urban Development
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.
Title 24: Housing and Urban Development
PART 1007—SECTION 184A LOAN GUARANTEES FOR NATIVE HAWAIIAN HOUSING
§ 1007.55 Guarantee fee.