# 24 C.F.R. § 206.111 (2026): Due date of MIP

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_111

## Section

- **Citation:** 24 C.F.R. § 206.111 (2026)
- **Heading:** Due date of MIP
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 24 CFR: Housing and Urban Development / Chapter II: OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT / Part 206: HOME EQUITY CONVERSION MORTGAGE INSURANCE / Subpart C: Contract Rights and Obligations / § 206.111: § 206.111   Due date of MIP.

## Text

(a)
Initial MIP.
The mortgagee shall pay the initial MIP to the Commissioner within fifteen days of closing and as a condition to the endorsement of the mortgage for insurance.
(b)
Monthly MIP.
Each monthly MIP shall be due to the Commissioner on the first business day of each month except the month in which the mortgage is closed.

## Nearby sections

- [24 C.F.R. § 206.101 (2026) § 206.101   Sale, assignment and pledge of insured mortgages.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_101.md)
- [24 C.F.R. § 206.102 (2026) § 206.102   Insurance Funds.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_102.md)
- [24 C.F.R. § 206.103 (2026) § 206.103   Payment of MIP.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_103.md)
- [24 C.F.R. § 206.105 (2026) § 206.105   Amount of MIP.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_105.md)
- [24 C.F.R. § 206.107 (2026) § 206.107   Mortgagee election of assignment or shared premium option.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_107.md)
- [24 C.F.R. § 206.109 (2026) § 206.109   Amount of mortgagee share of premium.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_109.md)
- [24 C.F.R. § 206.111 (2026) § 206.111   Due date of MIP.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_111.md)
- [24 C.F.R. § 206.113 (2026) § 206.113   Late charge and interest.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_113.md)
- [24 C.F.R. § 206.115 (2026) § 206.115   Insurance of mortgage.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_115.md)
- [24 C.F.R. § 206.116 (2026) § 206.116   Refunds.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_116.md)
- [24 C.F.R. § 206.117 (2026) § 206.117   General.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_117.md)
- [24 C.F.R. § 206.121 (2026) § 206.121   Commissioner authorized to make payments.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_121.md)
- [24 C.F.R. § 206.123 (2026) § 206.123   Claim procedures in general.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_123.md)
- [24 C.F.R. § 206.125 (2026) § 206.125   Acquisition and sale of the property.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_125.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T24_P206_S206_111. Check the current official text before relying on it. Not legal advice.