Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVIII - Rural Housing Service, Rural Business-Cooperative Service, Rural Utilities Service, and Farm Service Agency, Department of Agriculture |
SubChapter H - Program Regulations |
Part 1965 - Real Property |
Subpart E - Prepayment and Displacement Prevention of Multi-Family Housing Loans |
§ 1965.211 - Evaluation of the borrower's ability to prepay the loan.
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The borrower's ability to prepay the loan will be evaluated in accordance with exhibit E of this subpart. If it is
determined the borrower does not have the ability to finance the prepayment, the prepayment request will be denied. The borrower will be notified of the reasons for the decision and appeal rights will be given.