---
kind: "section"
citation: "7 C.F.R. § 3555.109"
title: "7"
number: "3555.109"
heading: "Qualified mortgage."
url: "https://uscodex.org/cfr/7/3555.109"
---

# §3555.109. Qualified mortgage.


A qualified mortgage is a guaranteed loan meeting the requirements of this part and applicable Agency guidance, as well as the requirements in 12 CFR [1026.43(e)(2)(i) through (iii)](/cfr/12/1026.43.md?p=e-2-i..e-2-iii) and [12](/cfr/12/12.md) CFR 1026.43(e)(3). An extension of credit made pursuant to a program administered by a State Housing Finance Agency is exempt from this requirement as defined in [12 CFR 1026.43(a)(3)(iv)](/cfr/12/1026.43.md?p=a-3-iv). Lenders will be allowed to cure unintentional errors and retain the qualified mortgage status if the conditions set in [12 CFR 1026.31(h)](/cfr/12/1026.31.md?p=h) are met.


## Notes

### Amendments

[81 FR 26464, May 3, 2016]

### Authority

Authority: 5 U.S.C. 301; 42 U.S.C. 1471 et seq.

### Source

Source: 78 FR 73941, December 9, 2013, unless otherwise noted.

### Amendments

[81 FR 26464, May 3, 2016]