rehabilitation loan

(A)the term “rehabilitation loan” means a loan, advance of credit, or purchase of an obligation representing a loan or advance of credit, made for the purpose of financing— (i)the rehabilitation of an existing one- to four-unit structure which will be used primarily for residential purposes; (ii)the rehabilitation of such a structure and the refinancing of the outstanding indebtedness on such structure and the real property on which the structure is located; or (iii)the rehabilitation of such a structure and the purchase of the structure and the real property on which it is located; and

Source

12 USC § 1709(k)(2)(A)


Scoping language

None: Default is title Scope
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