A:
1 Answer
rank
1
|
The 2% closing fee on SRF Federal loans is based the loan amount in the loan agreement regardless of the amount of the loan that is eventually used. For example, if the loan recipient signs a loan agreement in the amount of $1,000,000, a 2% closing fee of $20,000 is paid regardless if only $700,000 of the loan is used. This fee is billed in 12 equal monthly amount beginning after the loan agreement is executed by GEFA.
more
|
gefa.org
Related Videos
Add your answer...
Top Answerers
1.
2.
3.
Top Askers
1.
2.
3.
Top Supporters
1.
2.
3.
The SRF Federal program charges a closing fee on its loans. How is that fee accessed and when is that fee paid?
Related Questions
- The SRF program was established by Congress to replace the Construction Grants Program in the 1987 Amendments ...
- Yes, as with any site emission levels will be regulated by the Environment Agency (EA). The EA will consider ...
- BKY: Although there are great similarities in the pranayama technique, which involves circulating the energy ...
- The SRF is a deodorising filter filled with charcoal that absorbs tobacco smoke, pet dander and similar ...
- The Authority is not in a position to commit to doing so. Potential fuel users could consider doing so if ...