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Code · CFR · Title 24 — Housing and Urban Development · Part 1005 — Loan Guarantees for Indian Housing · § 1005.453

§ 1005.453. Amortization provisions.

39 words·~1 min read·/us/cfr/t24/s§ 1005.453·

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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.
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