Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XXXV - Rural Housing Service, Department of Agriculture |
Part 3565 - Guaranteed Rural Rental Housing Program |
Subpart E - Loan Requirements |
§ 3565.209 - Loan amortization.
Latest version.
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§ 3565.209 Loan amortization.
Each guaranteed loan shall be made for a period of not less than 25 nor greater than 40 years from the date the loan was made and may provide for amortization of the loan over a period of not to exceed 40 years with a final payment of the balance due at the end of the loan term.
[67 FR 16970, Apr. 9, 2002]