Source: https://www.law.cornell.edu/cfr/text/24/291.545
Timestamp: 2016-12-11 08:02:57
Document Index: 607893432

Matched Legal Cases: ['art 291', '§ 291', 'art 203', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§\u202f8', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§\u202f503', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§\u202f813', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1701', '§ 1709', '§ 1715', '§ 1751', '§ 1441', '§ 1441', '§ 1451', '§\u202f313', '§ 3535', 'art 291', 'art 291']

24 CFR 291.545 - Financing purchase of the home. | US Law | LII / Legal Information Institute
CFR › Title 24 › Subtitle B › Chapter II › Subchapter I › Part 291 › Subpart F › Section 291.545 24 CFR 291.545 - Financing purchase of the home.
§ 291.545 Financing purchase of the home.
Purchase using conventional financing. If the law enforcement officer, teacher, or firefighter/emergency medical technician uses conventional financing to purchase a home under the GNND Sales Program, the amount of the mortgage may not exceed the discounted sales price of the home.
Purchase with FHA-insured mortgage.
(1) A law enforcement officer, teacher, or firefighter/emergency medical technician using an FHA-insured mortgage to finance purchase of the home may finance reasonable and customary closing costs with the FHA-insured mortgage.
(2) The amount of the FHA-insured mortgage may not exceed the discounted sales price of the home plus:
(i) The closing costs; and
(ii) The costs of rehabilitating and/or improving the home, where purchase of the home is being financed with an FHA-insured 203(k) rehabilitation loan (see 24 CFR part 203).
Closing costs and selling broker's commissions. In no event will HUD pay a buyer's closing costs on the purchase of a property or a selling broker's commission through the GNND Sales Program.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 12 - BANKS AND BANKING§ 1701 - Short title§ 1701a - Short title of amendment of 1938§ 1701b - Short title of amendment of 1942§ 1701c - Secretary of Housing and Urban Development§ 1701c-1§ 1701d - Repealed. Pub. L. 89–554, § 8(a), Sept. 6, 1966, 80 Stat. 655§ 1701d-1§ 1701d-3§ 1701d-4§ 1701e, 1701f - Repealed. Pub. L. 91–609, title V, § 503(1), Dec. 31, 1970, 84 Stat. 1785§ 1701f-1§ 1701g to 1701g–3 - Omitted§ 1701g-4§ 1701g-5§ 1701g-5a§ 1701g-5b§ 1701g-5c§ 1701h - Advisory committees; payment of transportation and other expenses§ 1701h-1§ 1701i, 1701i–1 - Omitted§ 1701j - Repealed. Aug. 2, 1954, ch. 649, title VIII, § 813, 68 Stat. 647§ 1701j-1§ 1701j-2§ 1701j-3§ 1701k - Right to redeem property on which United States has lien§ 1701l - Limitation on interest rates of insured mortgages; terms of sales§ 1701l-1§ 1701m - Credit and cancellation of notes transferred from Reconstruction Finance Corporation; net loss computation§ 1701n - Reduction of vulnerability of congested urban areas to enemy attack§ 1701o - Annual report of Secretary§ 1701p - Contents of report to President and Congress§ 1701p-1§ 1701p-2§ 1701q - Supportive housing for the elderly§ 1701q-1§ 1701q-2§ 1701q-3§ 1701r - Congressional findings respecting housing for senior citizens§ 1701r-1§ 1701s - Rent supplement payments for qualified lower income families§ 1701t - Congressional affirmation of national goal of decent homes and suitable living environment for American families§ 1701u - Economic opportunities for low- and very low-income persons§ 1701v - Congressional findings and declaration for improved architectural design in Government housing programs§ 1701w - Budget, debt management, and related counseling services for mortgagors; authorization of appropriations§ 1701x - Assistance with respect to housing for low- and moderate-income families§ 1701x-1§ 1701x-2§ 1701y - National Homeownership Foundation§ 1701z - New technologies in the development of housing for lower income families§ 1701z-1§ 1701z-2§ 1701z-3§ 1701z-4§ 1701z-5§ 1701z-6§ 1701z-7§ 1701z-8§ 1701z-9§ 1701z-10§ 1701z-10a§ 1701z-11§ 1701z-12§ 1701z-13§ 1701z-14§ 1701z-15§ 1701z-16§ 1701z-17§ 1709 - Insurance of mortgages§ 1715b - Rules and regulations§ 1751b
U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE§ 1441 - Congressional declaration of national housing policy§ 1441a - National housing goals§ 1451a - Repealed. Aug. 2, 1954, ch. 649, title III, § 313, 68 Stat. 629§ 3535 - Administrative provisions
Title 24 published on 2015-04-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 24 CFR Part 291 after this date.2015-10-02; vol. 80 # 191 - Friday, October 2, 201580 FR 59690 - Disposition of HUD-Acquired Single Family Properties; Updating HUD&apos;s Single Family Property Disposition Regulations
typeregulations.gov FR Doc.2015-24837 RIN2502-AJ32 Docket No.FR-5776-P-01 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, HUD, Office of the Assistant Secretary for Housing—Federal Housing Commissioner Proposed rule. Comment Due Date: December 1, 2015. 24 CFR Part 291 SummaryThis proposed rule would revise HUD&apos;s regulations that address property disposition. This rule proposes to consolidate and reorganize HUD&apos;s property disposition regulations so that they better reflect industry standards and allow HUD to conduct its Single Family Property Disposition Program more efficiently and more effectively so that HUD can obtain the greatest value for its real estate-owned (REO) properties in different market conditions.