Non-Borrowing Spouse

Non-Borrowing Spouse means the spouse, as defined by the law of the state in which the spouse and borrower reside or the state of celebration, of the HECM borrower at the time of closing and who is also not a borrower.

Source

24 CFR § 206.3


Scoping language

As used in this part, the following terms shall have the meaning indicated.

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