§ 1964.
(b)
Interest rates
Loans under this subchapter shall be at rates of interest as follows:
(1)
For loans or portions of loans up to the amount of the applicant’s actual loss caused by the disaster, as limited under subsection (a)(1) of this section, the interest shall be at rates prescribed by the Secretary, but not in excess of 8 percent per annum; and
(2)
For loans or portions of loans in excess of the amount of the applicant’s actual loss caused by the disaster, as limited under subsection (a)(1) of this section, (A) the interest for insured loans shall be at rates prevailing in the private market for similar loans, as determined by the Secretary, and (B) the interest for guaranteed loans shall be at rates agreed on by the borrower and lender, but not in excess of such rates as may be determined by the Secretary.
([Pub. L. 87–128, title III, § 324], Aug. 8, 1961, [75 Stat. 311]; [Pub. L. 93–24, § 4], Apr. 20, 1973, [87 Stat. 25]; [Pub. L. 94–68, § 5], Aug. 5, 1975, [89 Stat. 381]; [Pub. L. 95–89, title IV, § 406], Aug. 4, 1977, [91 Stat. 561]; [Pub. L. 95–334, title I, § 119], Aug. 4, 1978, [92 Stat. 427]; [Pub. L. 96–302, title I, § 120(b)], July 2, 1980, [94 Stat. 841]; [Pub. L. 96–438, § 3(a)], (b)(1), Oct. 13, 1980, [94 Stat. 1872], 1873; [Pub. L. 97–35, title I, § 162(a)], Aug. 13, 1981, [95 Stat. 378]; [Pub. L. 98–258, title VI, § 602(b)], Apr. 10, 1984, [98 Stat. 138]; [Pub. L. 99–198, title XIII, § 1308(b)(3)], (c), Dec. 23, 1985, [99 Stat. 1523]; [Pub. L. 100–707, title I, § 109(c)(2)], Nov. 23, 1988, [102 Stat. 4708]; [Pub. L. 104–127, title VI], §§ 624, 625, Apr. 4, 1996, [110 Stat. 1091]; [Pub. L. 105–277, div. A, § 101(a) [title VIII, § 802]], Oct. 21, 1998, [112 Stat. 2681], 2681–38.)