24 C.F.R. § 1005.509

Application of payments.

Last amended: 2024Year: 2026Length: 53 wordsOfficial source

Cite as 24 C.F.R. § 1005.509 (2026)

All monthly payments to be made by the Borrower to the Servicer shall be added together, and the aggregate amount shall be paid by the Borrower each month in a single payment by the Borrower, in accordance with the loan documents. The Servicer shall apply the Borrower's funds in accordance with § 1005.715.
Cross-references to the CFR
1005.715.
24 C.F.R. § 1005.509: Application of payments. | Justis AI