StacksVerified U.S. regulatory reference

24 CFR §203.20

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)The mortgage shall bear interest at the rate agreed upon by the mortgagee and the mortgagor.
  2. (b)Interest shall be payable in monthly installments on the principal amount of the mortgage outstanding on the due date of each installment.