OAR 274-020-0387: Reamortization of Loans

Edition: Current OARD snapshotEffective: 2005-04-22Last verified: 2026-09-07

The Director of Veterans’ Affairs may adjust payments and other terms of the loan under the following conditions: (1) Tax adjustments. (2) A change in the interest rate. (3) A change in the insurance premiums. (4) Errors or omissions on the operative loan documents. (5) When the balance of the loan will not amortize within the terms of the security document. (6) Any expenditure or advance of funds as provided under ORS 407.135 (formerly 407.080), 407.145(2) (formerly 407.090(2)), and the security document.

Official history and status

Statutory/Other Authority: ORS 406 & 407

Statutes/Other Implemented: ORS 407.095, 407.135 & 407.145

History: DVA 2-2005, f. & cert. ef. 4-22-05 DVA 7-1996, f. & cert. ef. 7-22-96 DVA 12-1982, f. & ef. 5-17-82 DVA 9-1982(Temp), f & ef. 4-9-82

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Official source: https://secure.sos.state.or.us/oard/