24 CFR § 241.545 Supplementary Financing for Insured Project Mortgages

§ 241.545 Covenant against liens.

Current through Aug 20, 2026 · Read all of Part 241

The security instrument shall contain a covenant against the creation by the borrower of additional liens against the property superior or inferior to the lien of such instrument, except with the prior approval of the Commissioner.

← § 241.540 Method of loan payment and amortization period.§ 241.550 Accumulation of next premium. →