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Section 13-23-305 - Loan limitations — Tennessee Law | CourtGPT
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  7. Section 13-23-305 - Loan limitations
Tennessee Legal Code

Section 13-23-305 - Loan limitations

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(a) The amount of any loan to any borrower made by the loan fund pool created by this part shall not exceed sixty-five percent (65%) of the total loan amount, plus any permissible closing costs eligible for financing.(b) Loan agreements for repayment under this part shall not exceed thirty (30) years.Acts 1985, ch. 473, § 5; 1986, ch. 510, § 5.