A Section 184 Guaranteed Loan, except for mortgage transactions exempted under 15 U.S.C. 1639c(b)(3)(ii), is afforded safe harbor as a qualified mortgage that meets the ability-to-repay requirements in 15 U.S.C. 1639c(a).
Cross-references to the US Code
15:1639c
24 C.F.R. § 1005.449: Qualified mortgage. | Justis AI