Part 232 - Mortgage Insurance for Nursing Homes, Intermediate Care Facilities, Board and Care Homes, and Assisted Living Facilities  


Subpart A - Eligibility Requirements
§ 232.1 - Eligibility requirements, generally; applicability of certain requirements.
§ 232.2 - License.
§ 232.3 - Eligible borrower.
§ 232.7 - Bathroom.
§ 232.11 - Establishment and maintenance of long-term debt service reserve account.
Subpart B - Contract Rights and Obligations
§ 232.251 - Cross-reference.
§ 232.252 - Definitions.
§ 232.254 - Withdrawal of project funds, including for repayments of advances from the borrower, operator, or management agent.
§ 232.256 - Partial payment of claims.
Subpart C - Eligibility Requirements - Supplemental Loans To Finance Purchase and Installation of Fire Safety Equipment
§ 232.500 - Definitions.
Form of Contract
§ 232.605 - Contract requirements.
Special Requirements
§ 232.620 - Determination of compliance with fire safety equipment requirements.
§ 232.625 - Discrimination prohibited.
§ 232.630 - Assurance of completion.
Eligible Security Instruments
§ 232.525 - Note and security form.
§ 232.530 - Disbursement of proceeds.
§ 232.535 - Loan multiples - minimum principal.
§ 232.540 - Method of loan payment and amortization period.
§ 232.545 - Covenant against liens.
§ 232.550 - Accumulation of next premium.
§ 232.555 - Security instrument and lien.
§ 232.560 - Interest rate.
§ 232.565 - Maximum loan amount.
§ 232.570 - Endorsement of credit instrument.
§ 232.580 - Application of payments.
§ 232.585 - Prepayment privilege and prepayment charge.
§ 232.586 - Minimum principal loan amount.
Property Requirements
§ 232.590 - Eligibility of property.
§ 232.591 - Smoke detectors.
Fees and Charges
§ 232.505 - Application and application fee.
§ 232.510 - Commitment and commitment fee.
§ 232.515 - Refund of fees.
§ 232.520 - Maximum fees and charges by lender.
§ 232.522 - Inspection fee.
Cost Certification Requirements
§ 232.610 - Certification of cost requirements.
Title
§ 232.595 - Eligibility of title.
§ 232.600 - Title evidence.
Eligible Borrowers
§ 232.615 - Eligible borrowers.
§ 232.616 - Disclosure and verification of Social Security and Employer Identification Numbers.
Subpart D - Contract Rights and Obligations
§ 232.800 - Definitions.
Assignments
§ 232.895 - Assignment of insured loans.
Extension of Time
§ 232.897 - Actions to be taken by lender.
Premiums
§ 232.805 - Insurance premiums.
§ 232.815 - Termination of insurance.
§ 232.825 - Pro rata refund of insurance premium.
§ 232.805a - Mortgagee's late charge.
Rights and Duties of Lender Under the Contract of Insurance
§ 232.830 - Definition of default.
§ 232.840 - Date of default.
§ 232.850 - Notice of default.
§ 232.860 - Commissioner's right to require acceleration.
§ 232.865 - Election by lender.
§ 232.875 - Maximum claim period.
§ 232.880 - Items to be delivered on submitting claim.
§ 232.885 - Insurance benefits.
§ 232.890 - Characteristics of debentures.
§ 232.893 - Cash adjustment.
Subpart E - Insurance of Mortgages Covering Existing Projects
§ 232.901 - Mortgages covering existing projects are eligible for insurance.
§ 232.902 - Eligible project.
§ 232.903 - Maximum mortgage limitations.
§ 232.904 - Term of the mortgage.
§ 232.905 - Labor standards and prevailing wage requirements.
§ 232.906 - Processing of applications and required fees.
Subpart F - Eligible Operators and Facilities and Restrictions on Fund Distributions
§ 232.1001 - Scope.
§ 232.1003 - Eligible operator.
§ 232.1005 - Treatment of project operating accounts.
§ 232.1007 - Operating expenses.
§ 232.1009 - Financial reports.
§ 232.1011 - Management agents.
§ 232.1013 - Restrictions on deposit, withdrawal, and distribution of funds, and repayment of advances.
§ 232.1015 - Prompt notification to HUD and mortgagee of circumstances placing the value of the security at risk.