Code of Federal Regulations · Section

§ 764.205 — Security Requirements

7 C.F.R. § 764.205

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A Down payment loan must:

(a) Be secured in accordance with §§ 764.103 through 764.106;

(b) Be secured by a lien on the property being acquired with the loan funds and junior only to the party financing the balance of the purchase price.

7 C.F.R. § 764.204 7 C.F.R. § 764.206-764.230

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