12 USC 1735f-13 - Prohibition of Requirement of Minimum Principal Loan Amount

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

(June 27, 1934, ch. 847, title V, §535, as added Pub. L. 100–242, title IV, §419(a), Feb. 5, 1988, 101 Stat. 1913.)

Sections:  Previous  1735f-7  1735f-7a  1735f-8  1735f-9  1735f-10  1735f-11  1735f-12  1735f-13  1735f-14  1735f-15  1735f-16  1735f-17  1735f-18  1735f-19  1735f-20  Next

Last modified: October 26, 2015