United States Code
USC most recently checked for updates: Jun 07, 2023
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.
(June 27, 1934, ch. 847, title V, § 535, as added Pub. L. 100–242, title IV, § 419(a),
Feb. 5, 1988, 101 Stat. 1913.)
cite as: 12 USC 1735f-13