{"data":{"id":"us/7-cfr-3550.64","jurisdiction":"us","citation":"7 CFR 3550.64","heading":"Down payment.","body":"Elderly families must use any net family assets in excess of $20,000 towards a down payment on the property. Non-elderly families must use net family assets in excess of $15,000 towards a down payment on the property. Applicants may contribute assets in addition to the required down payment to further reduce the amount to be financed.","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 B—Section 502 Origination"],"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":"303be3837ae7495fce8edee73bfabff92f3b9f5adb87789e8363b096e0dd9ba1","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3550.63","next":"us/7-cfr-3550.65"},"notice":"GroundRules: Original legal text. Not legal advice."}