Texas Government Code 2306.228 – Loan Fees
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Terms Used In Texas Government Code 2306.228
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The department shall make and collect loan fees that the department determines are reasonable, including:
(1) fees to reimburse the housing finance division’s financing costs;
(2) service charges;
(3) insurance premiums;
(4) mortgage insurance premiums; and
(5) fees for administrative costs.