Or. Admin. Code § 274-020-0387

Current through Register Vol. 63, No. 12, December 1, 2024

Section 274-020-0387 - Reamortization of Loans

The Director of Veterans' Affairs may adjust payments and other terms of the loan under the following conditions:

(1) Tax adjustments.

(2) A change in the interest rate.

(3) A change in the insurance premiums.

(4) Errors or omissions on the operative loan documents.

(5) When the balance of the loan will not amortize within the terms of the security document.

(6) Any expenditure or advance of funds as provided under ORS 407.135 (formerly 407.080), 407.145(2) (formerly 407.090(2)), and the security document.

Or. Admin. Code § 274-020-0387

DVA 9-1982(Temp), f & ef. 4-9-82; DVA 12-1982, f. & ef. 5-17-82; DVA 7-1996, f. & cert. ef. 7-22-96; DVA 2-2005, f. & cert. ef. 4-22-05

Stat. Auth.: ORS 406 & 407

Stats. Implemented: ORS 407.095, 407.135 & 407.145