24 CFR 573.10 - Fees for guaranteed loans.

Regulations last checked for updates: Apr 29, 2024

Title 24 - Housing and Urban Development last revised: Apr 23, 2024

View all text of Part 573 [§ 573.1 - § 573.11]

§ 573.10 - Fees for guaranteed loans.

(a) No fees will be assessed by HUD for its guaranty of a loan under this part.

(b) The lender may assess the Borrower loan origination fees or other charges provided that such fees and charges are those charged by the lender to its other customers for similar transactions, and are no higher than those charged by the lender for similar transactions.

authority: Pub. L. 104-155, 110 Stat. 1392, 18 U.S.C. 241 note; 42 U.S.C. 3535(d)

source: 61 FR 47405, Sept. 6, 1996, unless otherwise noted.

cite as: 24 CFR 573.10