BFA guarantee fees are equal to 1% of the guaranteed portion of the loan. This fee is assessed at closing and annually thereafter. While the lender is responsible for paying the fee, it is chargeable to the borrower.
BFA guarantee fees are equal to 1% of the guaranteed portion of the loan. This fee is assessed at closing and annually thereafter. While the lender is responsible for paying the fee, it is chargeable to the borrower.
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