Loans under the program described in 15 AAC 152.300 are assumable to qualified applicants upon written approval by the Corporation and in accordance with applicable requirements of FHA, HUD, RD, or VA.

(Eff. 5/7/93, Register 130; am 1/20/95, Register 133; am 6/11/96, Register 139; am 4/2/97, Register 142)

Authority: AS 18.56.088, AS 18.56.600