2021 Oregon Revised Statutes
Volume : 10 - Highways, Military
Chapter 407 - Veterans Loans

Section 407.075 - Purpose; legislative intent. - (2) The primary purpose of this chapter is to provide...

Section 407.085 - Definitions. - (1) "Acquisition" means the purchase, improvement or refinancing of a...

Section 407.087 - Definition of "veteran." - (a) Served on active duty with the Armed Forces of...

Section 407.090 - [2009 c.527 §1 (assigned previously used statute number in 2009);...

Section 407.095 - Policy against foreclosure; rules. - (a) May provide for a temporary reduction of loan payment....

Section 407.145 - Purchase and control of property; disbursements to protect security. - (2) The department may take any action and make disbursements...

Section 407.169 - Escrow accounts; standards; interest; rules. - (2) Escrow accounts established under this section shall be consistent...

Section 407.177 - Loan processing and servicing contracts with lending institutions; terms; procedures. - (a) Processing of new loans and purchase contracts; and (b)...

Section 407.195 - Loans not being amortized; identification; notice to borrowers. - (2) The director shall notify each borrower making payments on...

Section 407.201 - Required disclosure of credit information and loan terms. - (2) In addition to the requirements of subsection (1) of...

Section 407.205 - Application for loan; amount of loan; limit on number of loans. - (2) An applicant may not borrow more than the maximum...

Section 407.225 - Processing of loan application; security. - (2) The security for the loan must consist of the...

Section 407.275 - Terms of loan to veteran and transferee. - (2) If the ownership of the secured property is transferred...

Section 407.285 - Rate of interest payable by certain transferees. - (2) The department may prescribe the interest rate to be...

Section 407.315 - Interest rate for veteran’s assumption; variable rate; effect of rate on cash flow; rules. - (2) The department shall make a cash flow projection to...

Section 407.325 - Rate of interest on loans; rules. - (2) The department shall periodically, during the term of a...

Section 407.327 - Department to prescribe fixed or variable interest rates. - (a) Loans or purchase contracts made after September 27, 1987,...

Section 407.335 - Rate of interest payable by transferee; limit on transfers; rules. - (2) When the department considers it necessary to change the...

Section 407.375 - Sale of foreclosed properties; improvement in lieu of down payment; interest rate; redemption of property; rules. - (2) Subject to subsection (3) of this section, the department...

Section 407.385 - Prohibition against using loan for purpose other than farm or home acquisition; prompt use of farm or home as principal residence; extension; exception; penalty. - (2) Except as provided in this section, use of all...

Section 407.465 - Loan cancellation life insurance. - (2) The insurance may insure the life of the person...

Section 407.480 - Definitions for ORS 407.480 to 407.490. - (1) "Insurance" means any mortgage guarantee or mortgage insurance against...

Section 407.485 - Agreements for mortgage insurance; terms; amount; required coverage. - (2) The terms of the agreement for insurance, including the...

Section 407.495 - Oregon War Veterans’ Fund; sources; uses. - (2) In addition to the money arising from the sale...

Section 407.505 - Loan moneys to be reserved for borrower prior to loan commitment. - (2) Moneys in the Oregon War Veterans’ Fund Direct Commitment...

Section 407.515 - Oregon War Veterans’ Bond Sinking Account; sources; use. - (a) All moneys received as payments on principal and interest...