---
kind: "section"
citation: "24 C.F.R. § 242.92"
title: "24"
number: "242.92"
heading: "Minimum principal loan amount."
url: "https://uscodex.org/cfr/24/242.92"
---

# §242.92. Minimum principal loan amount.


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

### Authority

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

### Source

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