OAR 123-018-0070
Fees


(1)

When making a Qualified Loan for which enrollment under the Program will be sought, the Participating Financial Institution shall charge the Borrower a fee that is at least 1.5 percent but not more than 3.5 percent of the principal amount of the Qualified Loan.

(2)

The Participating Financial Institution shall pay a fee equal to the fee paid by the Borrower pursuant to section (1) of this rule. The Participating Financial Institution may charge the Borrower a fee to recover its contribution.

(3)

These fees are non-refundable once the Qualified Loan is enrolled.

Source: Rule 123-018-0070 — Fees, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=123-018-0070 (accessed May 26, 2025).

May 26, 2025

Rule 123-018-0070's source at or​.us