24 CFR 241.1060 - Maturity.

Regulations last checked for updates: May 04, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

§ 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