The U.S. Department of Housing and Urban Development is raising the upfront guarantee fee on its Section 184 Indian Housing Loan Guarantee Program from 1.00% to 1.50%, a change that takes effect Oct. 1 and applies to new Firm Commitments, including refinances. The...
The Department of Housing and Urban Development is increasing the upfront guarantee fee on new Section 184 Indian Housing Loan Guarantee Program commitments, a change that will raise the initial financing cost for borrowers using one of the federal government’s...