LAC 16:II.811
LAC 16:II.811. Types of Assistance and Proscribed Use
Cite as La. Admin. Code tit. 16, pt. II, ยง 811
A. Borrowers will pay a 1 percent origination fee to the LHC for the issuance of an LHC MCC and a $75 compliance fee.
B. Lenders will be allowed to charge up to $500 per MCC application.
C. Maximum loan amount is based upon applicable program guidelines (i.e. conventional, FHA, VA or rural development).