Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 1779  /  Sec. 1779.30 Loan guarantee limitations.

(a) The guarantee will be 90 percent of eligible loss.

(b) The lender will retain a minimum of 5 percent of the total loan amount. The retained amount must be from the unguaranteed portion of the loan and cannot be participated to another lender. Sec. Sec. 1779.31-1779.32 [Reserved]