Act of June 27, 1934, tit. V, sec. 535 (as amended)
prohibition of requirement of minimum principal loan amount
prohibition of requirement of minimum principal loan amount
Sec. 535. [12 U.S.C. 1735f–13] A mortgagee or lender may not require, as a condition of providing a loan insured under this Act or secured by a mortgage insured under this Act, that the principal amount of the loan exceed a minimum amount established by the mortgagee or lender.
- Cross-references to the US Code
- 12 U.S.C. 1735f–13