24 CFR §232.901
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A mortgage executed in connection with the purchase or refinancing of an existing project without substantial rehabilitation may be insured under this subpart pursuant to section 223(f) of the Act. A mortgage insured pursuant to this subpart shall meet all other requirements of this part except as expressly modified by this subpart.