24 CFR 200.18

§ 200.18 Minimum loan prohibition.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 200.18, § 200.18 Minimum loan prohibition, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99201
Permanent ID: ys:prov:99201@1
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Full text

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

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.