U.S. Code of Federal Regulations

Regulations most recently checked for updates: Sep 20, 2019

§ 1655.5 - Loan repayment period.

(a) Minimum. The minimum repayment period a participant may request for a loan is one year of scheduled payments.

(b) Maximum. The maximum repayment period a participant may request for a general purpose loan is five years of scheduled payments. The maximum repayment period a participant may request for a residential loan is 15 years of scheduled payments.