§ 232.586. Minimum principal loan amount.
41 words·~1 min read·
/us/cfr/t24/s§ 232.586·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A mortgagee may not require, as a condition of providing a loan secured by a mortgage insured under this subpart, that the principal amount of the mortgage exceed a minimum amount established by the mortgagee. \[53 FR 8885, Mar. 18, 1988\]