StacksVerified U.S. regulatory reference

24 CFR §234.256

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Selling mortgagor. The requirements for the selling mortgagor are set forth in § 203.258(a) of this chapter.
  2. (b)Purchasing mortgagor.
    1. (1)If the dwelling is a principal or secondary place of residence, the requirements for the purchasing mortgagor are set forth in § 203.258(b)(1) of this chapter.
    2. (2)[Reserved]
  3. (c)Applicability—current mortgagor. Paragraph (b) of this section applies to the Commissioner's approval of a substitute mortgagor only if the mortgage executed by the original mortgagor met the conditions of § 203.258(c) of this chapter.
  4. (d)Applicability—earlier mortgagor. The occupancy and similar requirements set forth in § 203.258(d) of this chapter apply to mortgages insured under subpart A of this part.
  5. (e)Direct endorsement. Requirements for the direct endorsement program are set forth in § 203.258(f) of this chapter.
  6. (f)Substitute mortgagor is defined in § 203.258(f) of this chapter.