Oregon Administrative Rules
Chapter 813 - OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT
Division 20 - SINGLE-FAMILY MORTGAGE PROGRAM
Section 813-020-0048 - Hazard Insurance
Universal Citation: OR Admin Rules 813-020-0048
Current through Register Vol. 63, No. 3, March 1, 2024
A borrower under the Single-Family Mortgage Program must carry hazard insurance on the residence financed by the program loan that meets the requirements of the loan agreement. The hazard insurance must be in effect at the time the program loan is made, and must remain in effect for the term of the program loan.
Stat. Auth.: ORS 456.555
Stats. Implemented: ORS 456.620, 456.625, 456.635 & 456.640
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