09/21/2015
Per Rural Housing Unnumbered Letter (UL) dated June 16, 2015, effective with loans obligated on or after October 1, 2015, the upfront guarantee fee is increasing to 2.75%, from 2%, while the annual fee is remaining the same. Please see the chart below for a side by side comparison.
|
| Current | Loans Obligated on or After 10/1/15 |
| Upfront Fee | 2% | 2.75% |
| Annual Fee | 0.5% | 0.5% |
As a reminder, Rural Housing loans are considered obligated on the date Rural Housing issues the conditional commitment.
Please contact your Sales Representative with any questions.