1. Regulations
  2. title 24
  3. chapter II
  4. part 200
  5. subpart A
  6. subjgrp 21
  7. § 200.18

View all text of Subjgrp 21 [§ 200.15 - § 200.18]

§ 200.18 - Minimum loan prohibition.

A mortgagee may not require that the mortgage exceed a minimum amount established by the mortgagee, as a condition of providing a loan secured by a mortgage insured under this part.

AUTHORITY: 12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d).

SOURCE: 36 FR 24467, Dec. 22, 1971, unless otherwise noted.

CITE AS: 24 CFR 200.18