---
kind: "section"
citation: "24 C.F.R. § 241.1015"
title: "24"
number: "241.1015"
heading: "Processing of applications and required fees."
url: "https://uscodex.org/cfr/24/241.1015"
---

# §241.1015. Processing of applications and required fees.

- (a) **Application.** An application for the issuance of a firm commitment for insurance of an equity or acquisition loan on a project shall be submitted by an approved lender and by the owner or purchaser of the project to the Commissioner on a form prescribed by the Commissioner. No application shall be considered unless the exhibits called for by such forms are furnished.
- (b) **Commitment fees.** An application for a firm commitment shall be accompanied by the payment of an application-commitment fee of $5.00 per thousand dollars of the requested loan amount to be insured.

## Notes

### Amendments

[61 FR 14417, Apr. 1, 1996]

### Source

Source: 57 FR 12037, Apr. 8, 1992, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

### Amendments

[61 FR 14417, Apr. 1, 1996]