- (1) An appraisal shall be made to assist in establishing the loan value only after a complete application has been received.
- (2) On farms, the loan value allowable on the principal home unit portion of the property shall not exceed the amount needed for a maximum home loan.
Statutory/Other Authority
ORS 406.030, 407.115 & 407.225(3)
Statutes/Other Implemented
ORS 407.115 & 407.225
History
DVA 3-1990, f. & cert. ef. 5-1-90
DVA 3-1980, f. & ef. 7-1-80
DVA 22-1957, f. 11-15-57, ef. 11-14-57