§ 1655.5 - Loan repayment period.

Latest version.

§ 1655.5 Loan repayment period.
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Link to an amendment published at 87 FR 31692, May 24, 2022.
(a) Minimum. The minimum repayment period a participant may request for a general purpose loan is one year 12 months of scheduled payments. The minimum repayment period a participant may request for a residential loan is 61 months of scheduled payments.
(b) Maximum. The maximum repayment period a participant may request for a general purpose loan is five years 60 months of scheduled payments. The maximum repayment period a participant may request for a residential loan is 15 180 months years of scheduled payments.
[87 FR 31692, May 24, 2022]

                    
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§ 1655.5 - Loan repayment period.

§ 1655.5 Loan repayment period.

Cross Reference