Source: http://www.law.cornell.edu/cfr/text/38/36.4509
Timestamp: 2013-05-22 09:45:55
Document Index: 756250454

Matched Legal Cases: ['§ 36', '§ 36', '§ 501', '§ 3701', '§ 3702', '§ 3703', '§ 3704', '§ 3707', '§ 3710', '§ 3711', '§ 3712', '§ 3713', '§ 3714', '§ 3715', '§ 3719', '§ 3720', '§ 3729']

38 CFR 36.4509 - Joint loans. | Title 38 - Pensions, Bonuses, and Veterans' Relief | Code of Federal Regulations | LII / Legal Information Institute
§ 36.4509
(a) No loan will be made unless an eligible veteran is the sole principal obligor, or such veteran and spouse or eligible veteran co-applicant are the principal obligors thereon, nor unless such veteran alone, or together with a spouse or eligible veteran co-applicant, acquire the entire fee simple or other permissible estate in the realty for the acquisition of which the loan was obtained. Nothing in this section shall preclude other parties from becoming liable as comaker, endorser, guarantor, or surety.
(b) Notwithstanding that an applicant and spouse or other co-applicant are both eligible veterans and will be jointly and severally liable as borrowers, the original principal amount of the loan may not exceed the maximum permissible under § 36.4503(a). In any event the loan may not exceed $33,000.
(Authority: 38 U.S.C. 3711(d)(2)(A)
and (3))
[43 FR 60460, Dec. 28, 1978]
Title 38 published on 2012-07-01no entries appear in the Federal Register after this date. This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeUSC : Title 38 - VETERANS’ BENEFITS§ 501 - Rules and regulations§ 3701 - Definitions§ 3702 - Basic entitlement§ 3703 - Basic provisions relating to loan guaranty and insurance§ 3704 - Restrictions on loans§ 3707 - Adjustable rate mortgages§ 3710 - Purchase or construction of homes§ 3711 - Direct loans to veterans§ 3712 - Loans to purchase manufactured homes and lots§ 3713 - Release from liability under guaranty§ 3714 - Assumptions; release from liability§ 3715 to 3719 - Vacant]§ 3719 - Vacant]§ 3720 - Powers of Secretary§ 3729 - Loan fee