{"data":{"id":"us/7-cfr-3550.156","jurisdiction":"us","citation":"7 CFR 3550.156","heading":"Borrower obligations.","body":"(a) After receiving a loan from RHS, borrowers are expected to meet a variety of obligations outlined in the loan documents. In addition to making timely payments, these obligations include:\n(1) Maintaining the security property; and\n(2) Maintaining an adequately funded escrow account, or paying real estate taxes, hazard and flood insurance, and other related costs when due.\n(b) If a borrower fails to fulfill these obligations, RHS may obtain the needed service and charge the cost to the borrowers account.","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 D—Regular Servicing"],"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":"97a6bc9e82dcebc4dcb290e7c2a72e84ea5a562e434f41197d9728e56126c384","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3550.155","next":"us/7-cfr-3550.157"},"notice":"GroundRules: Original legal text. Not legal advice."}