Code of Maine Rules
99 - INDEPENDENT AGENCIES
346 - MAINE STATE HOUSING AUTHORITY
Chapter 1 - HOME MORTGAGE PROGRAM RULE
Section 346-1-19 - Sources Other Than Bond Proceeds
Universal Citation: 99 ME Code Rules ยง 346-1-19
Current through 2024-13, March 27, 2024
MaineHousing may appropriate funds from sources other than Bond proceeds to facilitate the Bond sales or reduce interest rates, principal amounts, or closing costs on all or some Mortgage Loans. MaineHousing may defer repayment of loans from such other sources to the sale or refinance of the Eligible Residence, the maturity of the Mortgage Loan, or any other time. MaineHousing will determine the interest rate, if any, charged on such loans.
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