StacksVerified U.S. regulatory reference

7 CFR §764.205

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A Down payment loan must:
  1. (a)Be secured in accordance with §§ 764.103 through 764.106;
  2. (b)Be secured by a lien on the property being acquired with the loan funds and junior only to the party financing the balance of the purchase price.