24 CFR 241.1060
§ 241.1060 Maturity.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 241.1060, § 241.1060 Maturity, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100153
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Full text
(a) Equity loans shall have a term not to exceed 40 years; and
(b) Acquisition loans shall have a term of 40 years.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.