24 C.F.R. § 206.17 General.
Title 24 - Housing and Urban Development
(a) Payment options. A mortgage shall initially provide for the tenure payment option (§206.19(a)), the term payment option (§206.19(b)), or the line of credit payment option (§206.19(c)), or a combination as provided in §206.25(d), subject to later change in accordance with §206.26. (b) Interest rate. A mortgage shall provide for either fixed or adjustable interest rates in accordance with §206.21. (c) Shared appreciation. A mortgage may provide for shared appreciation in accordance with §206.23. [54 FR 24833, June 9, 1989, as amended at 61 FR 36266, July 9, 1996]
Title 24: Housing and Urban Development
PART 206—HOME EQUITY CONVERSION MORTGAGE INSURANCE
Subpart B—Eligibility; Endorsement
Eligible Mortgages
§ 206.17 General.
