24 CFR § 1007.55 - Guarantee fee.

---
identifier: "/us/cfr/t24/s1007.55"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 1007.55 - Guarantee fee."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "1007.55"
section_name: "Guarantee fee."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "1007"
part_name: "SECTION 184A LOAN GUARANTEES FOR NATIVE HAWAIIAN HOUSING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715z-13b; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)."
regulatory_source: "67 FR 40776, June 13, 2002, unless otherwise noted."
cfr_part: "1007"
---


# 1007.55 Guarantee fee.

The lender shall pay to HUD, at the time of issuance of the guarantee, a fee for the guarantee of loans under this part, in an amount equal to 1 percent of the principal obligation of the loan. This amount is payable by the borrower at closing.