RSA 204-C:16 Conditions on Mortgage Loans.

Mortgage loans made by the authority to eligible mortgagors shall be made subject to the following terms and conditions:
I. No application for a mortgage loan shall be approved unless the applicant is an eligible mortgagor.
II. Mortgage loans shall be made at interest rates established by the authority. In connection with the making of mortgage loans and commitments for mortgage loans, and in addition to such interest charges, the authority may charge and collect such fees and charges, including, but not limited to, reimbursement of the authority's financing costs, service charges, insurance premiums and mortgage insurance premiums, as the authority determines to be reasonable.
III. The ratio of mortgage loan to project value and the amortization period of federall