§ 51060 Housing Program Service Fees

• •The agency can charge fees to housing sponsors and mortgage lenders for their services.
• •These fees help pay for the agency's costs, like admin work and other expenses.
• •The agency decides how much to charge for their lending and mortgage programs.

If a bank helps someone buy a house using the agency's program, the agency can charge the bank a fee for their help.

The agency uses this fee to cover their costs, like paying their workers and office expenses.