Chapter 40. Rules and Regulations for Single Family Mortgage Loans to Persons and Families of Low and Moderate IncomeRead Chapter
- Part I.Read allGeneral
- Section 10
- General
- Section 15
- Definitions
- Section 20
- Origination and servicing of mortgage loans
- Part II.Read allProgram Requirements
- Section 30
- Eligible persons and citizenship
- Section 40
- Compliance with certain requirements of the tax code
- Section 50
- Eligible borrowers
- Section 60
- Eligible dwellings
- Section 70
- Targeted areas
- Section 80
- Sales price limits
- Section 90
- Net worth
- Section 100
- Maximum gross income
- Section 110
- Calculation of maximum loan amount
- Section 120
- Mortgage insurance requirements
- Section 130
- Underwriting
- Section 140
- Loan assumptions
- Section 150
- Loan term and owner occupancy
- Section 160
- Loan lock-in and fees
- Section 170
- Loan decision
- Section 180
- Buy-down mortgage loans
- Section 190
- Property guidelines
- Section 200
- [Repealed]
- Section 210
- Condominium requirements
- Section 220
- Subordinate financing program
- Section 230
- Mortgage loan programs funded by taxable bonds
- Section 240
- Down payment and closing cost assistance grants
- Section 250
- Government-sponsored enterprises programs
- Section 260
- FHA, VA, or Rural Development streamline refinance program
- Section 270
- Real estate owned condo program
- Section 280
- Reduced rate financing
- FORMS
- FORMS (13VAC10-40)