24 CFR 1005.109 - What is a guarantee fee?
The lender shall pay to the Department, at the time of issuance of the guarantee, a fee for the guarantee of loans under Section 184, in an amount equal to 1 percent of the principal obligation of the loan. This amount is payable by the borrower at closing.
Title 24 published on 2014-04-01
no entries appear in the Federal Register after this date.