Or. Admin. Code § 813-022-0030

Current through Register Vol. 63, No. 11, November 1, 2024

Section 813-022-0030 - 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 Guideline Manual.

Or. Admin. Code § 813-022-0030

OHCS 1-2023, adopt filed 02/06/2023, effective 2/8/2023

Statutory/Other Authority: ORS 456.555

Statutes/Other Implemented: ORS 456.555