Approved Lender [HUD] Law and Legal Definition
Pursuant to 24 CFR 241.500 (a) [Title 24 Housing and Urban Development; Subtitle B Regulations Relating to Housing and Urban Development; Chapter II Office of Assistant Secretary for Housing Federal Housing Commissioner, Department of Housing and Urban Development; Subchapter B Mortgage and Loan Insurance Programs under National Housing Act and Other Authorities; Part 241 Supplementary Financing for Insured Project Mortgages; Subpart C Eligibility Requirements Supplemental Loans to Finance Purchase and Installation of Energy Conserving Improvements, Solar Energy Systems, and Individual Utility Meters in Multifamily Projects without a HUD-Insured or HUD-Held Mortgage], the term Approved Lender means “a financial institution or other mortgagee approved by the Commissioner as eligible for insurance under section 2 of the National Housing Act, or a mortgagee approved under section 203(b)(1) of the National Housing Act, or a state housing agency approved pursuant to 24 CFR 883.102.”
Legal Definition list
- Approved Lender [HUD]
- Approved Laboratory [Agriculture]
- Approved Crop Insurance Provider
- Approved Container of Distilled Spirits
- Approved as to Form
- Approved Medical Residency Training Program
- Approved National Service Position
- Approved Parachute [Aeronautics and Space]
- Approved Percentage [Banks & Banking]
- Approved Person [Adoption]
- Approved Plant [Agriculture]
