{"data":{"id":"us/7-cfr-3565.212","jurisdiction":"us","citation":"7 CFR 3565.212","heading":"Multiple guaranteed loans.","body":"The Agency may guarantee more than one loan on any project if all guaranteed loans, in the aggregate, comply with these regulations, including without limitation:\n(a) In the aggregate, loans do not exceed the maximum guaranteed loan amount and loan-to-value limits, as contained in § 3565.204;\n(b) In the aggregate, loans are all to be secured equally by a first lien as the Agency may, at its sole discretion, determine necessary to ensure repayment of the loans; and\n(c) If different lenders originate the loans, each lender has executed an intercreditor agreement in form and substance acceptable to the Agency.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE","PART 3565—GUARANTEED RURAL RENTAL HOUSING PROGRAM","Subpart E—Loan Requirements"],"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":"a6e2c598eb93d088bcc192ce829d584ab1ce18f51e62456bbbdb9862989fcd98","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3565.211","next":"us/7-cfr-3565.213"},"notice":"GroundRules: Original legal text. Not legal advice."}