Mortgagor’S Minimum Investment

(1) At the time the mortgage loan is made, the mortgagor or the seller shall have paid on the account of the home, the difference between the total cost of acquisition and the amount of the mortgage loan in cash or its equivalent. (2) The total cost of acquisition shall include the purchase price of the home, all settlement costs, including initial payments for taxes, property insurance, closing costs and other prepaid expenses and such other charges and fees as are approved by the Agency.