(a) Applicants wishing to obtain a loan guarantee for private financing are subject to the same requirements as direct loan borrowers with respect to:
(1) Loan purposes as described in subpart B;
(2) Eligible borrowers and eligible areas as described in subpart C;
(3) The loan terms described in subpart D, with the exception of the interest rates described in Sec. 1738.152; and
(4) The application review and underwriting requirements in subpart E.
(b) The Agency will publish a notice annually in the Federal Register indicating any additional requirements, as well as the amount of funds available, if any, for loan guarantees.