7 C.F.R. § 1786.208

Increased principal.

Last amended: 2016Year: 2026Length: 58 wordsOfficial source

Cite as 7 C.F.R. § 1786.208 (2026)

A borrower can meet the premium requirements by increasing the outstanding principal balance of the loan advance that is being refinanced. If it does so the borrower shall make a payment at the time of the refinancing equal to 2.5 percent of the amount of the premium that is added to the outstanding principal balance of the loan.
7 C.F.R. § 1786.208: Increased principal. | Justis AI