Under MAP, HUD requires a fee of $3 per thousand dollars of the
requested mortgage amount for review of the Firm Commitment application. The application fee (also
known as “exam fee”) is considered earned at HUD acceptance of the application for processing and is
nonrefundable. For market rate new construction or substantial rehabilitation transactions, one half of
the application fee is due with the submission of the pre-application, and the other half is due with the
application for Firm Commitment. For affordable new construction or substantial rehabilitation
proposals, and for any refinancing or acquisition transactions, the entire amount is paid at the Firm
Commitment stage, regardless of whether or not a Pre-Application is filed with HUD