6 Miss. Code. R. 4-3.12

Current through December 10, 2024
Rule 6-4-3.12 - Accrued Interest

Applicants should be aware that interest begins accruing daily on the outstanding loan balance after the first request for cash is dispersed. Once the CAP activity is complete, the applicant will be responsible for the first month's payment and interest plus the total of accrued interest from the construction phase of the CAP activity.

6 Miss. Code. R. 4-3.12

Miss. Code Ann § 57-1-301 et seq (Rev. 2014).
Amended 2/6/2016
Amended 8/1/2021