24 CFR 242.29 - Payment requirements.

Regulations last checked for updates: Feb 06, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

View all text of Subpart C [§ 242.25 - § 242.38]

§ 242.29 - Payment requirements.

The mortgage shall provide for payments on the first day of each month in accordance with an amortization plan agreed upon by the mortgagor, the mortgagee, and HUD.

authority: 12 U.S.C. 1709,1710,1715b,1715n,and; 42 U.S.C. 3535(d)

source: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.

cite as: 24 CFR 242.29