An Analysis of the Operation of Title I of the Federal Housing Administration Act Page: 23
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2$
Repair, alteration,
or a.rovemt of
a existing struc-
ture.
Conversion of ex-
isting structures
to provide heous-
ing for war work-
era,.
Construction of a
new structure to
be used exclusive-
ly for other than
residential or
agricultural pur-
poses,
Construction of a new
structure to be
used in whole or
in part for agri-
cultural purposes,
exclusive of r esi-
dential purposes.3 years
32 days4
7 years,
32 days
Sears,
32 days
7 years,
$ dtays,
If secured
by first
lien, 15
years, 32
days2,500
$5,000
$3,000por $00 per
year
per $100 per
year if 2 ,500
or les; $ ,
discount per
$100 if in ex-
$5 discount
per $100 per
year
$5 dis eount
year* 0'0so
turity s i n
excess of 7
years, 52 days.*The added thirty-two day period is provided in order
to pera t the maximum of thirty-six, ei hty-four, or 180
lnthly payments, as the case may be, in the event there
may be two calendar months to the first payment.Type of axme Maximun gnx um Finance
Improvement harit y Amunt hTABI 1
MAXIMM AMOUNT, MATURITY, AND FINANCING CHARGE
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Granstaff, Shelie Monroe. An Analysis of the Operation of Title I of the Federal Housing Administration Act, thesis, 1947; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc53505/m1/29/: accessed April 24, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; .