24 CFR 241.1015

§ 241.1015 Processing of applications and required fees.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 241.1015, § 241.1015 Processing of applications and required fees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100143
Permanent ID: ys:prov:100143@1
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Full text

(a) Application. An application for the issuance of a firm commitment for insurance of an equity or acquisition loan on a project shall be submitted by an approved lender and by the owner or purchaser of the project to the Commissioner on a form prescribed by the Commissioner. No application shall be considered unless the exhibits called for by such forms are furnished. (b) Commitment fees. An application for a firm commitment shall be accompanied by the payment of an application-commitment fee of $5.00 per thousand dollars of the requested loan amount to be insured.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.