1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter XVII - RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
  5. Part 1786 - PREPAYMENT OF RUS GUARANTEED AND INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS
  6. Subpart G - Refinancing and Prepayment of RUS Guaranteed FFB Loans Pursuant to Section 306(C) of the RE Act
  7. 7 CFR § 1786.208
7 CFR § 1786.208
Increased principal
July 6, 2020
CFR

A borrower can meet the premium requirements by increasing the outstanding principal balance of the loan advance that is being refinanced. If it does so the borrower shall make a payment at the time of the refinancing equal to 2.5 percent of the amount of the premium that is added to the outstanding principal balance of the loan.

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§ 1786.207 Prepayment premium
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§ 1786.209 Outstanding loan documents

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