24 CFR 241.530
§ 241.530 Maximum fees and charges by lender.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 241.530, § 241.530 Maximum fees and charges by lender, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100094
- Permanent ID
ys:prov:100094@1- SHA-256
12e6c1bc82fa78f3d0c816abf94b2a0e0b64b5a8dfee3070af2d192d1be7ba6b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The lender may collect from the borrower the amount of the fees provided for in this subpart. The lender may also collect from the borrower an initial service charge in an amount not to exceed 2 percent of the original principal amount of the loan to reimburse the lender for the cost of originating and closing the transaction. Any additional charges shall be subject to the prior approval of the Commissioner.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.