The new department ount otherwise timing of rehabilitation money regarding the treatment arrangement

The new department ount otherwise timing of rehabilitation money regarding the treatment arrangement

(vi) Inside fifteen business days of its determination of the borrower’s mortgage rehabilitation payment matter, this new guarantee service ought to provide the newest borrower which have an authored treatment arrangement which includes the brand new borrower’s commission amount determined around section (b)(1)(iii), a prominent report the debtor ount, towards the approach and you may schedule getting increasing such as for example an enthusiastic objection, and you may a reason of any other small print applicable in order to the required variety of payments that must definitely be created before the latest borrower’s account can be regarded as to own repurchase from the a qualified lender otherwise project for the Assistant (i.elizabeth., rehabilitated).