§200.18. Minimum loan prohibition.
24 C.F.R. § 200.18
A mortgagee may not require that the mortgage exceed a minimum amount established by the mortgagee, as a condition of providing a loan secured by a mortgage insured under this part.
Notes, amendments, and revision history
Source
Source: 61 FR 14399, Apr. 1, 1996, unless otherwise noted.
Authority
Authority: 12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24467, Dec. 22, 1971, unless otherwise noted.