---
kind: "section"
citation: "24 C.F.R. § 242.18"
title: "24"
number: "242.18"
heading: "Inspection fee."
url: "https://uscodex.org/cfr/24/242.18"
---

# §242.18. Inspection fee.

- (a) The commitment may provide for the payment of an inspection fee in an amount not to exceed $5 per thousand dollars of the commitment. The inspection fee shall be paid no later than the time of initial endorsement.
- (b) In the case of mortgages where the applicant is seeking only refinancing or acquisition, the inspection fee will not exceed 10 basis points on the loan. For applicants seeking a loan for refinancing or acquisition that also involves limited rehabilitation, the commitment shall provide for an inspection fee according to the following schedule:

## Notes

### Amendments

[78 FR 8343, Feb. 5, 2013]

### Authority

Authority: 12 U.S.C. 1709, 1710, 1715b, 1715n(f), and 1715u; 42 U.S.C. 3535(d).

### Source

Source: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.

### Amendments

[78 FR 8343, Feb. 5, 2013]