USDA Loan Guidelines – Guarantee fee

1980.323  Guarantee fee

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The Lender will pay a nonrefundable fee which may be passed on to the borrower.  The amount of the fee is determined by multiplying the figure in exhibit K of subpart A of part 1810 of this chapter (RD Instruction 440.1, available in any RHCDS office) times 90 percent of the principal amount of the loan.

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