(a) All of the provisions of subpart A of part 203 of this chapter concerning eligibility requirements of mortgages covering one- to four-family dwellings under section 203 of the National Housing Act (12 U.S.C. 1709) apply to mortgages on individually owned units insured under section 234 of the National Housing Act (12 U.S.C. 1715y ), except the following provisions:
203.12Mortgage insurance on proposed or new construction.
203.18aSolar energy system.
203.18cOne-time or up-front mortgage insurance premium excluded from limitations on maximum mortgage amounts.
203.38Location of dwelling.
203.43cEligibility of mortgages involving a dwelling unit in a cooperative housing development.
203.43dEligibility of mortgages in certain communities.
203.43fEligibility of mortgages covering manufactured homes.
203.43gEligibility of mortgages in certain communities.
203.43hEligibility of mortgages on Indian land insured pursuant to section 248 of the National Housing Act.
203.43iEligibility of mortgages on Hawaiian Home Lands insured pursuant to section 247 of the National Housing Act.
203.43jEligibility of mortgages on Allegany Reservation of Seneca Nation of Indians.
203.50Eligibility of rehabilitation loans.
(b) For the purposes of this subpart, all references in part 203 of this chapter to section 203 of the Act shall be construed to refer to section 234 of the Act.
[61 FR 60161, Nov. 26, 1996, as amended at 64 FR 56111, Oct. 15, 1999]
Title 24 published on 2012-04-01
no entries appear in the Federal Register after this date.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.