---
kind: "section"
citation: "25 C.F.R. § 103.9"
title: "25"
number: "103.9"
heading: "Who applies to BIA under the Program?"
url: "https://uscodex.org/cfr/25/103.9"
---

# §103.9. Who applies to BIA under the Program?


The lender is responsible for determining whether it will require a BIA guaranty or insurance coverage, based upon the loan application it receives from an eligible borrower. If the lender requires a BIA guaranty or insurance coverage, the lender is responsible for completing and submitting a guaranty application or complying with a loan insurance agreement under the Program.


## Notes

### Authority

Authority: 25 U.S.C. 1498, 1511.

### Source

Source: 66 FR 3867, Jan. 17, 2001, unless otherwise noted.