1. Regulations
  2. title 7
  3. chapter XXXV
  4. part 3565
  5. subpart E
  6. § 3565.209

View all text of Subpart E [§ 3565.201 - § 3565.250]

§ 3565.209 - Loan amortization.

Each guaranteed loan shall be made for a period of not less than 25 nor greater than 40 years from the date the loan was made and may provide for amortization of the loan over a period of not to exceed 40 years with a final payment of the balance due at the end of the loan term.

[67 FR 16970, Apr. 9, 2002]

AUTHORITY: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.

SOURCE: 63 FR 39458, July 22, 1998, unless otherwise noted.

CITE AS: 7 CFR 3565.209