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.
Statutory/Other Authority
ORS 406 & 407
Statutes/Other Implemented
ORS 407.095, 407.135 & 407.145
History
DVA 2-2005, f. & cert. ef. 4-22-05
DVA 7-1996, f. & cert. ef. 7-22-96
DVA 12-1982, f. & ef. 5-17-82
DVA 9-1982(Temp), f & ef. 4-9-82