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Current as of January 02, 2025 | Updated by Findlaw Staff
The loan shall provide for monthly payments on the first day of each month on account of interest and principal and shall provide for payments in accordance with the amortization plan as agreed upon by the borrower, the lender, and the Commissioner.
Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.241.1050 Method of loan payment - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-241-1050/
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