24 C.F.R. § 232.586

Minimum principal loan amount.

Last amended: 2016Year: 2026Length: 41 wordsOfficial source

Cite as 24 C.F.R. § 232.586 (2026)

A mortgagee may not require, as a condition of providing a loan secured by a mortgage insured under this subpart, that the principal amount of the mortgage exceed a minimum amount established by the mortgagee. [53 FR 8885, Mar. 18, 1988]