1. Regulations
  2. title 24
  3. chapter II
  4. part 242
  5. subpart C
  6. § 242.27

View all text of Subpart C [§ 242.25 - § 242.38]

§ 242.27 - Maturity.

The mortgage shall have a maturity not to exceed 25 years from the date amortization begins.

AUTHORITY: 12 U.S.C. 1709, 1710, 1715b, 1715n(f), and 1715u; 42 U.S.C. 3535(d).

SOURCE: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.

CITE AS: 24 CFR 242.27