38 C.F.R. § 36.4502 Use of guaranty entitlement.
Title 38 - Pensions, Bonuses, and Veterans' Relief
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]
Title 38: Pensions, Bonuses, and Veterans' Relief
PART 36—LOAN GUARANTY
§ 36.4502 Use of guaranty entitlement.
