{"data":{"id":"us/7-cfr-3550.113","jurisdiction":"us","citation":"7 CFR 3550.113","heading":"Rates and terms (loans only).","body":"(a) Interest rate. The interest rate for all section 504 loans will be 1 percent.\n(b) Loan term. The repayment period for all section 504 loans will be 20 years.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE","PART 3550—DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS","Subpart C—Section 504 Origination and Section 306C Water and Waste Disposal Grants"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"bb2522494e6b5eb51c591a70b1c1a1c152453cb7434ce3892b9d92cbabfa86f2","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3550.112","next":"us/7-cfr-3550.114"},"notice":"GroundRules: Original legal text. Not legal advice."}