---
kind: "section"
citation: "24 C.F.R. § 241.1060"
title: "24"
number: "241.1060"
heading: "Maturity."
url: "https://uscodex.org/cfr/24/241.1060"
---

# §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.

## Notes

### Amendments

[58 FR 37814, July 13, 1993]

### Source

Source: 57 FR 12037, Apr. 8, 1992, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

### Amendments

[58 FR 37814, July 13, 1993]