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§ 1777.34 Individual loans—Rates and terms.

7 CFR 1777.34

Citation7 CFR 1777.34
CorpusDaily eCFR
Displayed edition2026-05-08
Last updated2026-05-08

§ 1777.34 Individual loans—Rates and terms.

Individual loans will bear interest at not more than the maximum of 5 percent per annum, or the Federal Financing Bank or other Agency designated source, on loans of a similar term at the time such loans are made. The term will not exceed the estimated useful life of the eligible improvements financed or as determined by tribal or state law or statute, whichever is less.