Oregon Administrative Rules|Section 813-060-0047 - Commitment Fee

                                                
Current through Register Vol. 60, No. 12, December 1, 2021 
(1) The Department shall charge a nonrefundable Commitment fee up to two percent of the loan amount.
 
(2) The Eligible Borrower shall include the fee with the Sponsor's Eligible Borrower's signed acceptance of the Commitment returned to the Department.
 
(3) The Department may charge other fees or charges, as needed, to cover the costs and reduce the financial risk to the Department of issuing Bonds.
 
Or. Admin. R. 813-060-0047
1HD 13-1984, f. & ef. 9-4-84; HSG 4-1987(Temp), f. & ef. 2-5-87; HSG 10-1987, f. & ef. 3-10-87; HSG 3-1989(Temp), f. & cert. ef. 6-8-89; HSG 15-1989, f. & cert. ef. 11-3-89; HSG 2-1991(Temp), f. & cert. ef. 8-7-91; HSG 8-1991, f. & cert. ef. 12-23-91; HSG 8-1991, f. & cert. ef. 12-23-91; HSG 4-1993(Temp), f. & cert. ef. 10-1-93; HSG 6-1996, f. & cert. ef. 6-14-96; OHCS 5-2007, f. & cert. ef. 1-11-07
Stat. Auth.: ORS 456.555
 
Stats. Implemented: ORS 456.555 & 456.625