Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 5 - Division of Veterans' Affairs
Chapter 41 - Veteran's Loan Assumptions
3 AAC 41.045 - Ability to repay
Universal Citation: 3 AK Admin Code 3 AAC 41.045
Current through February 24, 2025
The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption:
(1) income history, including present income;
(2) prospects for future income;
(3) assets and their liquidity; and
(4) liabilities.
Authority:AS 26.15.010
AS 26.15.030
AS 26.15.040
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