24 CFR §200.81 — Disbursement of mortgage proceeds

fha-24cfr-200-81

HUD / FHA Multifamily · a federal regulation, 24 CFR Part 200, Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.

24 CFR §200.81, Disbursement of mortgage proceeds. An FHA multifamily program rule in Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects of 24 CFR Part 200 (Introduction to FHA Programs).

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Verbatim regulatory text (2)

Verbatim provisions from 24 CFR §200.81 — Disbursement of mortgage proceeds — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

24 CFR §200.81(a)

The mortgagee shall be obligated, as a part of the mortgage transaction, to disburse the principal amount of the mortgage to the: (a) Mortgagor or mortgagor's account;

Source: 24 CFR §200.81(a) · source URL · snapshot 169e63f975ce68d3

24 CFR §200.81(b)

(b) Mortgagor's creditors for the mortgagor's account, subject to the mortgagor's consent.

Source: 24 CFR §200.81(b) · source URL · snapshot 169e63f975ce68d3

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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-81/ · register fha-24cfr-200-81 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.