12 U.S. Code § 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.

Source

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

 

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