Insured Loan Maturity [HUD] Law and Legal Definition
Pursuant to 24 CFR 232.500 (f) [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 232 Mortgage Insurance for Nursing Homes, Intermediate Care Facilities, Board and Care Homes, and Assisted Living Facilities; Subpart C Eligibility Requirements Supplemental Loans to Finance Purchase and Installation of Fire Safety Equipment], the term Insured Loan Maturity means “the date on which the loan indebtedness would be extinguished if paid in accordance with periodic payments provided for in the loan instrument or instruments.”
Legal Definition list
Related Legal Terms
- Acceleration of Maturity
- Accessible Route [HUD]
- Accident Potential Zone [HUD]
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Actuarial Method [HUD]
- Additional Insured or Additional Interest
- Adjustable Rate Mortgage Loan
- Administrative Cost of Issuing a Loan Guarantee
