§203.18d. Minimum principal loan amount.
24 C.F.R. § 203.18d
A mortgagee may not require, as a condition of providing a loan secured by a mortgage insured under this part, that the principal amount of the mortgage exceed a minimum amount established by the mortgagee.
Notes, amendments, and revision history
Amendments
[53 FR 8880, Mar. 18, 1988]
Authority
Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.
Amendments
[53 FR 8880, Mar. 18, 1988]