HAR §15-315-24. Charges

(a) Subject to the requirements of the federal MCC program, the corporation hereby establishes the following schedule of fees. (b) Fees to be paid by the eligible borrower are as follows: (1) Upon final approval of their MCC package, the eligible borrower shall pay a fee of up to $300 to the corporation and a fee of up to $100 to the participating mortgage lender. (2) Upon final approval of a request for reissuance of an MCC, the eligible borrower shall pay a fee of up to $200 to the corporation and a fee of up to $100 to the participating mortgage lender. (3) Upon making a request for a replacement MCC, the eligible borrower shall pay a fee of $25 to the corporation. (c) Fees to be paid by the mortgage lender to the corporation are as follows: (1) Upon election to participate in the program, the mortgage lender shall pay a fee of $250 per year to the corporation. (2) Upon submission of an application for corporation review, the mortgage lender shall pay a fee of $25 per application to the corporation. (3) Upon final approval of a request for an extension of up to sixty calendar days, the mortgage lender shall pay a fee of $100 to the corporation. [Eff 12/4/10; am NOVO 22013 (Auth: HRS §201H-16) (Imp: HRS §201H-16) JU Bl . ., 3:. I a: .... DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM Amendments to chapter 15-315, Hawaii Administrative Rules, on the Summary Page dated October 16, 2013 were adopted on October 16, 2013 following public hearing held on October 14, 2013 after public notice was given in the Honolulu Star- Advertiser, The Garden Island, The Maui News, West Hawaii Today and The Hawaii Tribune-Herald on September 13, 2013. These amendments shall take effect ten days after filing with the Office of the Lieutenant Governor. -r. .. CL ~ RALPH MESICK, Chairperson Hawaii Housing Finance and Development Corporation APPROVED: Governor State of Hawaii Dated: ,> ~ l:J - g I i:l l::> 11&1 Filed -. - JO 8 2 U!i DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM Repeal of Chapter 15-162 and Adoption of Chapter 15-315, Hawaii Administrative Rules November 17, 2010 SUMMARY 1. Chapter 15-162, Hawaii Administrative Rules, entitled "Mortgage Credit Certificate Program" is repealed. 2. Chapter 15-315, Hawaii Administrative Rules, entitled "Mortgage Credit Certificate Program" is adopted. 2953 HAWAII ADMINISTRATIVE RULES TITLE 15 DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM SUBTITLE 14 HOUSING AND COMMUNITY DEVELOPMENT CORPORATION OF HAWAII CHAPTER 162 MORTGAGE CREDIT CERTIFICATE PROGRAM Repealed §