24 CFR 200.18 - Minimum loan prohibition.

Regulations last checked for updates: Nov 25, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024

View all text of Subpart A [§ 200.3 - § 200.106]

§ 200.18 - Minimum loan prohibition.

A mortgagee may not require that the mortgage exceed a minimum amount established by the mortgagee, as a condition of providing a loan secured by a mortgage insured under this part.

authority: 12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d)

source: 36 FR 24467, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 200.18