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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