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Get CharterSchoolLoanGuaranteeApplication.doc

Enhancement works to improve the loan-to-value ratio by bringing the effective loan-to-value ratio within the financial institution s lending guidelines. The guarantee reduces dollar-for-dollar with principal payments on the loan or bond. The loan-to-value ratio may be up to 100% on real estate owned by the charter school applicant or 90% of the improvements up to $1,000,000 for leaseholds. There is an annual fee of 0.5% of the guarantee amount. Please fill in all necessary information.

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