### Question
What is the definition of rehabilitation loan?


### Answer
The definition of **rehabilitation loan** is as follows in *12 U.S.C. § 1709*:

> a loan, advance of credit, or purchase of an obligation representing a loan or advance of credit, made for the purpose of financing—


(i) the rehabilitation of an existing one- to four-unit structure which will be used primarily for residential purposes

#### Citation:
  - *12 U.S.C. § 1709*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

