Home/CFR/Title 24/Part 232
FEDERAL · 24 CFR

Part 232 — Mortgage Insurance for Nursing Homes, Intermediate Care Facilities, Board and Care Homes, and Assisted Living Facilities

70 sections · Title 24: Housing and Urban Development

§ 232.1Eligibility requirements, generally; applicability of certain requirements.
§ 232.2License.
§ 232.3Eligible borrower.
§ 232.7Bathroom.
§ 232.11Establishment and maintenance of long-term debt service reserve account.
§ 232.251Cross-reference.
§ 232.252Definitions.
§ 232.254Withdrawal of project funds, including for repayments of advances from the borrower, operator, or management agent.
§ 232.256Partial payment of claims.
§ 232.500Definitions.
§ 232.505Application and application fee.
§ 232.510Commitment and commitment fee.
§ 232.515Refund of fees.
§ 232.520Maximum fees and charges by lender.
§ 232.522Inspection fee.
§ 232.525Note and security form.
§ 232.530Disbursement of proceeds.
§ 232.535Loan multiples—minimum principal.
§ 232.540Method of loan payment and amortization period.
§ 232.545Covenant against liens.
§ 232.550Accumulation of next premium.
§ 232.555Security instrument and lien.
§ 232.560Interest rate.
§ 232.565Maximum loan amount.
§ 232.570Endorsement of credit instrument.
§ 232.580Application of payments.
§ 232.585Prepayment privilege and prepayment charge.
§ 232.586Minimum principal loan amount.
§ 232.590Eligibility of property.
§ 232.591Smoke detectors.
§ 232.595Eligibility of title.
§ 232.600Title evidence.
§ 232.605Contract requirements.
§ 232.610Certification of cost requirements.
§ 232.615Eligible borrowers.
§ 232.616Disclosure and verification of Social Security and Employer Identification Numbers.
§ 232.620Determination of compliance with fire safety equipment requirements.
§ 232.625Discrimination prohibited.
§ 232.630Assurance of completion.
§ 232.800Definitions.
§ 232.805Insurance premiums.
§ 232.805aMortgagee's late charge.
§ 232.815Termination of insurance.
§ 232.825Pro rata refund of insurance premium.
§ 232.830Definition of default.
§ 232.840Date of default.
§ 232.850Notice of default.
§ 232.860Commissioner's right to require acceleration.
§ 232.865Election by lender.
§ 232.875Maximum claim period.
§ 232.880Items to be delivered on submitting claim.
§ 232.885Insurance benefits.
§ 232.890Characteristics of debentures.
§ 232.893Cash adjustment.
§ 232.895Assignment of insured loans.
§ 232.897Actions to be taken by lender.
§ 232.901Mortgages covering existing projects are eligible for insurance.
§ 232.902Eligible project.
§ 232.903Maximum mortgage limitations.
§ 232.904Term of the mortgage.
§ 232.905Labor standards and prevailing wage requirements.
§ 232.906Processing of applications and required fees.
§ 232.1001Scope.
§ 232.1003Eligible operator.
§ 232.1005Treatment of project operating accounts.
§ 232.1007Operating expenses.
§ 232.1009Financial reports.
§ 232.1011Management agents.
§ 232.1013Restrictions on deposit, withdrawal, and distribution of funds, and repayment of advances.
§ 232.1015Prompt notification to HUD and mortgagee of circumstances placing the value of the security at risk.