{"data":{"id":"us/24-cfr-242.43","jurisdiction":"us","citation":"24 CFR 242.43","heading":"Application of cost savings.","body":"At the sole discretion of HUD, any cost savings shall be used to:\n(a) Reduce the principal amount of the mortgage and the mortgagor's cash equity contribution proportionally, unless the mortgagor elects to have a greater portion of the savings used to reduce the mortgage; and/or\n(b) Fund any additional construction or substantial rehabilitation approved by HUD.","path":["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 242—MORTGAGE INSURANCE FOR HOSPITALS","Subpart D—Endorsement for Insurance"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"c7d78bc11bb20513b44b36f71345734acc3f3f8eb2524a5f592c15dbd9fe8dc9","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-242.42","next":"us/24-cfr-242.44"},"notice":"GroundRules: Original legal text. Not legal advice."}