Tenn. Comp. R. & Regs. 0770-01-03-.01
Current through January 8, 2025
Builders may reserve funds reserve funds with the Agency for use by eligible mortgagors who purchase new homes built by the builder. To reserve funds, a builder must be determined to be qualified by the Agency and must enter in a Reservation of Funds Agreement with the Agency.
Tenn. Comp. R. & Regs. 0770-01-03-.01
Authority: T.C.A. §13-2315 (18).