Prepayment fees implemented by a bank towards the a member to own a backed progress that’s prepaid service, unless:
( i ) Like costs are sustained to the counseling regarding homebuyers just who actually get an AHP-aided device; and you can
The interest rate, affairs, charges, and just about every other charges for the money created having your panels in conjunction with the AHP subsidy will maybe not exceed a fair sector interest, affairs, fees, or other charges for loans away from comparable readiness, terminology, and you may exposure
( eight ) Refinancing. Refinancing out of a preexisting single-nearest and dearest or multifamily real estate loan, provided the refinancing produces guarantee continues and such as for example security continues as much as the amount of the AHP subsidy throughout the endeavor can be used just for the loan places Bridgewater acquisition, build, otherwise rehabilitation of homes tools fulfilling the qualifications conditions on the region.