7 C.F.R. § 1786.208

Current through November 30, 2024
Section 1786.208 - Increased principal

A borrower can meet the premium requirements by increasing the outstanding principal balance of the loan advance that is being refinanced. If it does so the borrower shall make a payment at the time of the refinancing equal to 2.5 percent of the amount of the premium that is added to the outstanding principal balance of the loan.

7 C.F.R. § 1786.208