Oregon Administrative Rules
Chapter 274 - DEPARTMENT OF VETERANS' AFFAIRS
Division 20 - VETERANS' LOANS
Section 274-020-0335 - Appraisal of Property

Universal Citation: OR Admin Rules 274-020-0335

Current through Register Vol. 63, No. 9, September 1, 2024

(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.

Stat. Auth.: ORS 406.030, ORS 407.115 & ORS 407.225(3)

Stats. Implemented: ORS 407.115 & ORS 407.225

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