Sec. 162.015. INITIAL PAYMENT OR EQUITY. The board may require an initial payment on a loan or may require an investment in the home by the veteran in an amount or amounts set by the board's rules under this chapter.
Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1. Amended by Acts 1993, 73rd Leg., ch. 242, Sec. 2.09, eff. Aug. 30, 1993.
Structure Texas Statutes
Chapter 162 - Veterans' Housing Assistance Program
Subchapter B. Veterans' Housing Assistance Program
Section 162.013. Interest Rate
Section 162.014. Security for the Loan
Section 162.015. Initial Payment or Equity
Section 162.016. Time Limit on Transfer
Section 162.017. Foreclosure and Resale
Section 162.018. Interest Rate on Delinquent Principal and Interest
Section 162.019. Enforcement of Forfeiture and Protection of Rights