§ 36.4502. Use of guaranty entitlement.
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/us/cfr/t38/s§ 36.4502·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The guaranty entitlement of the veteran obtaining a direct loan which is closed on or after February 1, 1988, shall be charged with the lessor of the loan amount or an amount which bears the same ratio to \$36,000 as the amount of the loan bears to \$33,000. The charge against entitlement of a veteran who obtained a direct loan which was closed prior to the aforesaid date, shall be the amount which would have been charged had the loan been closed subsequent to such date. (Authority: 38 U.S.C. 3711(d)(2)(A)) \[55 FR 40657, Oct. 4, 1990\]
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§ 36.4502
Use of guaranty entitlement.
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