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Regulations last checked for updates: Nov 22, 2024
Title 24 - Housing and Urban Development last revised: Nov 13, 2024
All Titles
Title 24
Chapter II
Part 206
Subpart B - Subpart B—Eligibility; Endorsement
ELIGIBLE MORTGAGES
§ 206.17 - Eligible mortgages: general.
§ 206.19 - Payment options.
§ 206.21 - Interest rate.
§ 206.23 - Shared appreciation.
§ 206.25 - Calculation of disbursements.
§ 206.26 - Change in payment option.
§ 206.27 - Mortgage provisions.
§ 206.31 - Allowable charges and fees.
§ 206.32 - No outstanding unpaid obligations.
§ 206.9 - Eligible mortgagees.
§ 206.13 - Disclosure of available HECM program options.
§ 206.15 - Insurance.
ELIGIBLE BORROWERS
§ 206.33 - Age of borrower.
§ 206.34 - Limitation on number of mortgages.
§ 206.35 - Title of property which is security for HECM.
§ 206.36 - Seasoning requirements for existing non-HECM liens.
§ 206.37 - Credit standing.
§ 206.39 - Principal residence.
§ 206.40 - Disclosure, verification and certifications.
§ 206.41 - Counseling.
§ 206.43 - Information to borrower.
§ 206.44 - Monetary investment for HECM for Purchase program.
ELIGIBLE PROPERTIES
§ 206.45 - Eligible properties.
§ 206.47 - Property standards; repair work.
§ 206.51 - Eligibility of mortgages involving a dwelling unit in a condominium.
§ 206.52 - Eligible sale of property-HECM for Purchase.
REFINANCING OF EXISTING HOME EQUITY CONVERSION MORTGAGES
§ 206.53 - Refinancing a HECM loan.
DEFERRAL OF DUE AND PAYABLE STATUS
§ 206.55 - Deferral of due and payable status for Eligible Non-Borrowing Spouses.
§ 206.57 - Cure provision enabling reinstatement of Deferral Period.
§ 206.59 - Obligations of mortgagee.
§ 206.61 - HECM proceeds during a Deferral Period.
authority:
12 U.S.C. 1715b
,
1715z
;
42 U.S.C. 3535
(d)
source:
82 FR 7117, Jan. 19, 2017, unless otherwise noted.
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