# 24 CFR § 201.7: Qualified mortgage

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-24-201.7

## Section

- **Citation:** 24 CFR § 201.7
- **Heading:** Qualified mortgage
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 24—Housing and Urban Development > Subtitle B—Regulations Relating to Housing and Urban Development > CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES > PART 201—TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS > Subpart A—General

## Text

(a) Qualified mortgage. A mortgage insured under section 2 of title I of the National Housing Act (12 U.S.C. 1703), except for mortgage transactions exempted under § 203.19(c)(2), is a safe harbor qualified mortgage that meets the ability to repay requirements in 15 U.S.C. 1639c(a).
(b) Effect of indemnification on qualified mortgage status. An indemnification demand or resolution of a demand that relates to whether the loan satisfied relevant eligibility and underwriting requirements at the time of consummation may result from facts that could allow a change to qualified mortgage status, but the existence of an indemnification does not per se remove qualified mortgage status.
[78 FR 75237, Dec. 11, 2013]

## Nearby sections

- [24 CFR § 201.1 § 201.1 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.1.md)
- [24 CFR § 201.2 § 201.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.2.md)
- [24 CFR § 201.3 § 201.3 Applicability of the regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.3.md)
- [24 CFR § 201.4 § 201.4 Rules of construction.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.4.md)
- [24 CFR § 201.5 § 201.5 Waivers.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.5.md)
- [24 CFR § 201.6 § 201.6 Disclosure and verification of Social Security and Employer Identification Numbers.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.6.md)
- [24 CFR § 201.7 § 201.7 Qualified mortgage.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.7.md)
- [24 CFR § 201.10 § 201.10 Loan amounts.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.10.md)
- [24 CFR § 201.11 § 201.11 Loan maturities.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.11.md)
- [24 CFR § 201.12 § 201.12 Requirements for the note.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.12.md)
- [24 CFR § 201.13 § 201.13 Interest and discount points.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.13.md)
- [24 CFR § 201.14 § 201.14 Payments on the loan.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.14.md)
- [24 CFR § 201.15 § 201.15 Late charges to borrowers.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.15.md)
- [24 CFR § 201.16 § 201.16 Default provision.](https://www.frixlaw.com/law-library/statutes/ecfr-24-201.16.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-24-201.7. Check the current official text before relying on it. Not legal advice.