Common use of Assumption of Non Clause in Contracts

Assumption of Non. program loans. Applicants eligible for FO loans under part 764 of this chapter may assume Non-program loans made for real es- xxxx purposes if the Agency determines the property meets program require- ments. In such case, the Agency will reclassify the Non-program loan as an FO loan.

Appears in 4 contracts

Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov

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