StacksVerified U.S. regulatory reference

24 CFR §1007.55

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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.