Section 15.152.300. Federally guaranteed and insured loan program.

Latest version.

The Corporation will, in its discretion, purchase VA, FHA, HUD and RD guaranteed or insured loans in the rural loan program, provided that:  
	(a) the loan amounts, terms, and downpayment are consistent with loans acceptable to FNMA, and  
	(b) the interest rate is the rate established for the Rural Owner Occupied Loan Program, as published by the Corporation from time to time in writing to financial institutions in Alaska.

Authorities

18.56.088;18.56.400

Notes

Reference

15 AAC 152.320
15 AAC 152.340

Authority
 AS 18.56.088  
AS 18.56.400 - 18.56.600  
History Eff. 5/7/93, Register 130; am 1/20/95, Register 133; am 6/11/96, Register 139; am 5/3/2001, Register 159

                    
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