Or. Admin. Code § 274-045-0110

Current through Register Vol. 63, No. 12, December 1, 2024

Section 274-045-0110 - Escrow Closing of Loans

(1) All loans made by the Director of Veterans' Affairs (except for protection of security loans) shall be closed by persons or firms licensed to engage in the escrow business under the Oregon Escrow Laws (ORS 696.505 to 696.590), or an attorney at law rendering services in the performance of duties as attorney at law.

(2) The borrower will select the escrow agent or attorney for closing the loan and the borrower shall pay all escrow fees.

DVA 2-2001, f. & cert. ef. 5-23-01; DVA 3-2007, f. & cert .ef. 9-25-07

Publications: Publications referenced are available from the agency.

Stat. Auth.: ORS 406 & 407

Stats. Implemented: ORS 407