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TITLE 10COMMUNITY DEVELOPMENT
PART 1TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
CHAPTER 24TEXAS BOOTSTRAP LOAN PROGRAM RULE
RULE §24.6Prohibited Fees

The fees described in paragraphs (1) - (8) of this section are prohibited Program fees and may not be charged directly to the Owner-Builder; however, these fees may be charged as an allowable fee by a third party lender or servicer for a Texas Bootstrap Loan Program loan:

  (1) Payment of delinquent property taxes or related fees or charges on properties to be assisted with Texas Bootstrap Loan Program funds;

  (2) Loan origination fees;

  (3) Application fees;

  (4) Discount fees;

  (5) Underwriter fees;

  (6) Loan processing fees;

  (7) Loan servicing fees; and

  (8) Other fees not approved by the Department in writing prior to expenditure.


Source Note: The provisions of this §24.6 adopted to be effective March 28, 2024, 49 TexReg 1907

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