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§ 241.586 Minimum principal loan amount.

24 CFR 241.586

Citation24 CFR 241.586
CorpusDaily eCFR
Displayed edition2026-08-20
Last updated2026-08-20

§ 241.586 Minimum principal loan amount.

A mortgagee may not require, as a condition of providing a loan insured under this subpart, that the principal amount of the mortgage exceed a minimum amount established by the mortgagee.

[53 FR 8886, Mar. 18, 1988]