24 C.F.R. · Housing and Urban Development
24 C.F.R. § 201.14

Payments on the loan.

Title 24 C.F.R. ● ACTIVE Primary Source
Regulatory Text

24 C.F.R. § 201.14 — Payments on the loan.

§ 201.14 Payments on the loan. The note normally shall provide for equal installment payments due weekly, biweekly, semi-monthly or monthly. The note may provide for either or both of the first and final payments to vary in amount but not to exceed 1 1/2 times the regular installment. Where the borrower has an irregular flow of income, the note may be payable at quarterly or semi-annual intervals corresponding with the borrower's flow of income. The first scheduled payment after the borrower's initial payment shall be due no later than two months from the date of the loan. Multiple payment schedules may not be used in connection with any loan.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR24-SEC-C46F47
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24 C.F.R. § 201.14
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The regulatory text of 24 C.F.R. § 201.14 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 24 24 C.F.R. § 201.14