Loan Origination Fee. A loan origination fee equal to 1.85% of the CWSRF loan amount will be assessed, as a one-time non-refundable charge. The fee is due and payable at the time of loan closing and may be financed as a part of the CWSRF loan. However, no fees or costs shall be assessed on those projects or portions that are subsidized though loan forgiveness or other subsidies as detailed in the IUP.

Source Note:The provisions of this §375.16 adopted to be effective September 8, 2010, 35 TexReg 8126.