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(2) The annual renewal fee is currently one-half of one percent (0.5%) of the outstanding principal loan balance as of December 31st.The renewal fee rate is set annually by Rural Development in a notice published in the Federal Register. The rate in effect at the time the loan is made will remain in effect for the life of the loan.
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There are two regulatory agencies in Texas that oversee the mortgage industry- the Texas Department of Savings and Mortgage Lending (SML) and the Office of .
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