Administrative Code

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Virginia Administrative Code
Title 13. Housing
Agency 10. Virginia Housing Development Authority
Chapter 120. Rules and Regulations for Reach Virginia

13VAC10-120-40. Terms of Loans.

Part III
Terms of Loans and Interest Rates

Thirty-five years shall be the maximum loan term, although longer amortization schedules may be utilized.

Statutory Authority

§ 36-55.30:3 of the Code of Virginia.

Historical Notes

Derived from VR400-02-0012 § 3.1, eff. August 18, 1987; amended, Volume 04, Issue 12, eff. February 16, 1988; Volume 04, Issue 23, eff. July 19, 1988; Volume 05, Issue 21, eff. July 1, 1989; Volume 23, Issue 05, eff. November 1, 2006.

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