{"data":{"id":"us/12-cfr-617.7200","jurisdiction":"us","citation":"12 CFR 617.7200","heading":"What disclosures must a qualified lender make to a borrower on loans offered with more than one rate of interest?","body":"A qualified lender that offers more than one rate of interest to borrowers must notify each borrower of the right to request a review of the interest rate charged on his or her loan no later than the time of loan closing. At the request of a borrower, the lender must:\n(a) Provide a review of the loan to determine if the proper interest rate has been established;\n(b) Explain to the borrower in writing the basis for the interest rate charged; and\n(c) Explain to the borrower in writing how the credit status of the borrower may be improved to receive a lower interest rate on the loan.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 617—BORROWER RIGHTS","Subpart C—Disclosure of Differential Interest Rates"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"c8e29984e5fe23087ba77765dc0a0d1d7b3e7d2f60e9318af5afab363c242e13","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-617.7135","next":"us/12-cfr-617.7300"},"notice":"GroundRules: Original legal text. Not legal advice."}