Protective advances.

CFR · 2024-01-01 · US · Title 7

RHS may pay for fees or services and charge the cost against the borrower's account to protect the Governments interest. (a) (b) (c) (2) Amounts advanced will be due with the next scheduled payment. RHS may schedule repayment consistent with the borrowers ability to repay or reamortize the loan. (3) Advances will bear interest at the promissory note rate of the loan to which the advance was charged.

official document · source cfr-2024 · id 7:§ 3550.206