§ 3575.30 - Loan guarantee limitations.

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The percentage of guarantee, up to the maximum allowed by this section, is a matter for negotiation between the lender and the Agency.

The maximum guarantee is 90 percent of eligible loss.

The lender will retain a minimum of 5 percent of the total loan amount. The retained amount must be from the unguaranteed portion of the loan and cannot be participated to another lender.