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base loan

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 1701Z — for purposes of this section (3 versions over time)

The term "base loan" means any mortgage loan for a residential building eligible for insurance under title II of the National Housing Act [12 U.S.C. 1707 et seq.] or title 38 that does not include the cost of cost-effective energy improvements.