- (1) All loans made by the Director of Veterans' Affairs (except for protection of security loans) shall be closed by persons or firms licensed to engage in the escrow business under the Oregon Escrow Laws (ORS 696.505 to 696.590), or an attorney at law rendering services in the performance of duties as attorney at law.
(2) The borrower will select the escrow agent or attorney for closing the loan and the borrower shall pay all escrow fees.
[Publications: Publications referenced are available from the agency.]
Statutory/Other Authority
ORS 406 & 407
Statutes/Other Implemented
ORS 407
History
DVA 3-2007, f. & cert. ef. 9-25-07
DVA 2-2001, f. & cert. ef. 5-23-01