The loan-to-value ratios established in this chapter do not apply to loans that are insured or guaranteed, or where there is a commitment to insure or guarantee, in part or in full, or conditionally, by the United States, its instrumentalities, this state, or its instrumentalities.

History: Effective November 1, 1995.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-03-05