Texas Administrative Code
Title 10 - COMMUNITY DEVELOPMENT
Part 1 - TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
Chapter 24 - TEXAS BOOTSTRAP LOAN PROGRAM RULE
Section 24.6 - Prohibited Fees
Universal Citation: 10 TX Admin Code ยง 24.6
Current through Reg. 49, No. 38; September 20, 2024
The fees described in paragraphs (1) - (8) of this section are prohibited Program fees and may not be charged directly to the Owner-Builder; however, these fees may be charged as an allowable fee by a third party lender or servicer for a Texas Bootstrap Loan Program loan:
(1) Payment of delinquent property taxes or related fees or charges on properties to be assisted with Texas Bootstrap Loan Program funds;
(2) Loan origination fees;
(3) Application fees;
(4) Discount fees;
(5) Underwriter fees;
(6) Loan processing fees;
(7) Loan servicing fees; and
(8) Other fees not approved by the Department in writing prior to expenditure.
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