Or. Admin. Code § 813-022-0035
Current through Register Vol. 63, No. 12, December 1, 2024
Section 813-022-0035 - [Effective until 5/2/2025] Reservation of Funds(1) An Approved Lender may reserve funds (also known as "locking a loan").(2) Funds are reserved on a first-come-first-served loan by loan basis.(3) Details regarding reservation of funds is available in the OHCS Flex Lending Program's NextStep Product Guideline Manual.Or. Admin. Code § 813-022-0035
OHCS 1-2023, adopt filed 02/06/2023, effective 2/8/2023; OHCS 45-2024, renumbered from 813-022-0040, filed 11/01/2024, effective 11/1/2024; OHCS 47-2024, temporary amend filed 11/04/2024, effective 11/4/2024 through 5/2/2025Statutory/Other Authority: ORS 456.555
Statutes/Other Implemented: ORS 456.555