Administrative Code

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Virginia Administrative Code
Title 13. Housing
Agency 10. Virginia Housing Development Authority
1/23/2020

Chapter 150. Rules and Regulations for the Virginia Senior Home Equity Account ProgramRead Chapter

Section 10
Definitions
Section 20
Purpose and applicability
Section 30
Eligible applicants
Section 40
Title
Section 50
Condition of home
Section 60
Taxes
Section 70
Insurance
Section 80
Maximum amount
Section 90
Adjustments in the maximum amount
Section 100
Loan term
Section 110
Interest rate and compounding
Section 120
Equity payments
Section 130
Repayments
Section 140
Acts of default
Section 150
Term and extensions of home equity account
Section 160
Repairs
Section 170
Requests for equity payments
Section 180
Optional notification of third parties
Section 190
Allowable use of funds
Section 200
Application
Section 210
AAA review
Section 220
Authority review and commitment
Section 230
Closing and fees
Section 240
Right to terminate program

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