Regulations last checked for updates: Oct 17, 2024

Title 24 - Housing and Urban Development last revised: Sep 16, 2024
All TitlesTitle 24Chapter IIPart 241Subpart E - Subpart E—Insurance for Equity Loans and Acquisition Loans—Eligibility Requirements
View all text of Subpart E [§ 241.1000 - § 241.1120]
§ 241.1060 - Maturity.

(a) Equity loans shall have a term not to exceed 40 years; and

(b) Acquisition loans shall have a term of 40 years.

[58 FR 37814, July 13, 1993]
authority: 12 U.S.C. 1715b,1715z,and; 42 U.S.C. 3535(d)
source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.
cite as: 24 CFR 241.1060
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