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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!