Regulacje i polityka gospodarcza · 07/10/2014

Section 184 Indian Housing Loan Guarantee Program New Annual Premium

The Section 184 Indian Housing Loan Guarantee program has introduced an annual premium of 0.15 percent of the remaining loan balance to eligible borrowers, starting November 15, 2014. This premium will be applied to new loan guarantees, including refinances, and will be cancelled when the loan reaches 78 percent of the initial sales price or appraised value.