Oregon
Rule Rule 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
Last accessed
Oct. 17, 2019