{"data":{"id":"us/25-cfr-103.10","jurisdiction":"us","citation":"25 CFR 103.10","heading":"What lenders are eligible under the Program?","body":"(a) Except as specified in paragraph (b) of this section, a lender is eligible under the Program, and may be considered for BIA approval, if the lender is:\n(1) Regularly engaged in the business of making loans;\n(2) Capable of evaluating and servicing loans in accordance with reasonable and prudent industry standards; and\n(3) Otherwise reasonably acceptable to BIA.\n(b) The following lenders are not qualified to issue loans under the Program:\n(1) An agency or instrumentality of the Federal Government;\n(2) A lender that borrows money from any Federal Government source, other than the Federal Reserve Bank System, for purposes of relending;\n(3) A lender that does not include the interest on loans it makes in gross income, for purposes of chapter 1, title 26 of the United States Code; and\n(4) A lender that does not keep any ownership interest in loans it originates.","path":["Title 25—Indians","CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR","SUBCHAPTER G—FINANCIAL ACTIVITIES","PART 103—LOAN GUARANTY, INSURANCE, AND INTEREST SUBSIDY","Subpart B—How a Lender Obtains a Loan Guaranty or Insurance Coverage"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-25.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:59Z","sha256":"466f3b6ac79c14c9789ccf06e5d78209150f117678631052661ae47e1f378f5f","source_id":"us-cfr","stale":true,"prev":"us/25-cfr-103.9","next":"us/25-cfr-103.11"},"notice":"GroundRules: Original legal text. Not legal advice."}