[Lender] Guarantee Fee Waiver Clarification

Gandy, Penny pgandy at ogslp.org
Mon Jul 2 15:49:40 CDT 2001


OGSLP has received a few phone calls requesting clarification as to which
loans qualify for the 1% guarantee fee waiver.  Therefore, we wanted to
provide the following information to make sure all clients were aware of the
criteria which will be used.

The 1% guarantee fee will be waived for any loan with a first disbursement
date on or after 7-1-01.   

If you have any additional questions, please feel free to contact me at the
phone number or e-mail address below.  Thank you!




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