How a Lender Obtains a Loan Guaranty or Insurance Coverage | Midpage

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Code of Federal Regulations

Subpart B

How a Lender Obtains a Loan Guaranty or Insurance Coverage

103.9Who applies to BIA under the Program?103.10What lenders are eligible under the Program?103.11How does BIA approve lenders for the Program?103.12How does a lender apply for a loan guaranty?103.13How does a lender apply for loan insurance coverage?103.14Can BIA request additional information?103.15Are there any prohibited loan terms?103.16How does BIA approve or reject a loan guaranty or insurance application?103.17Must the lender follow any special procedures to close the loan?103.18How does BIA issue a loan guaranty or confirm loan insurance?103.19When must the lender pay BIA the loan guaranty or insurance premium?