![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 24 - Housing and Urban Development |
![]() |
Subtitle B - Regulations Relating to Housing and Urban Development |
![]() |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
![]() |
SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
![]() |
Part 232 - Mortgage Insurance for Nursing Homes, Intermediate Care Facilities, Board and Care Homes, and Assisted Living Facilities |
![]() |
Subpart C - Eligibility Requirements - Supplemental Loans To Finance Purchase and Installation of Fire Safety Equipment |
![]() |
Eligible Security Instruments |
§ 232.586 - Minimum principal loan amount.
Latest version.
-
§ 232.586 Minimum principal loan amount.
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]