legal · go-v.org

Loan amortization.

CFR · 2024-01-01 · US · Title 7

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.

official document · source cfr-2024 · id 7:§ 3565.209