Yes, the fee is 2.5% of the guarantee amount plus a $250 Documentation Fee. For example, on a $100,000 loan from your lender that receives an 80% guarantee, the portion guaranteed is $80,000. 2.5% x $80,000 equals $2,000, plus the $250 documentation fee totals $2,250 in fees for the guarantee. Please note that your lender may have additional fees.