24 C.F.R. § 1005.453

Current through October 31, 2024
Section 1005.453 - Amortization provisions

The loan must contain complete Amortization provisions satisfactory to HUD, requiring payments due on the first day of each month by the Borrower. The sum of the principal and interest payments in each month shall be substantially the same.

24 C.F.R. §1005.453

89 FR 20056 , 6/18/2024