10 Tex. Admin. Code § 24.6

Current through Reg. 49, No. 50; December 13, 2024

Section 24.6 - Prohibited 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.

10 Tex. Admin. Code § 24.6

The provisions of this §24.6 adopted to be effective November 1, 2012, 37 TexReg 8496; Amended by Texas Register, Volume 40, Number 45, November 6, 2015, TexReg 7816, eff. 11/12/2015; Amended by Texas Register, Volume 42, Number 43, October 27, 2017, TexReg 6007, eff. 11/5/2017; Adopted by Texas Register, Volume 44, Number 43, October 25, 2019, TexReg 6356, eff. 10/31/2019; Adopted by Texas Register, Volume 46, Number 52, December 24, 2021, TexReg 9007, eff. 1/2/2022; Adopted by Texas Register, Volume 49, Number 12, March 22, 2024, TexReg 1907, eff. 3/28/2024