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Data / Federal rules / 2024-13389

Loan Guaranty: Adjustable Rate Mortgages, Hybrid Adjustable Rate Mortgages, and Temporary Buydown Agreements

The Veterans Affairs Department published this proposed rule in the Federal Register on June 21, 2024. Comments closed on August 20, 2024.

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What the agency says

The Department of Veterans Affairs (VA) proposes to amend its rules on interest rates for adjustable rate mortgage (ARM) loans and hybrid adjustable rate mortgage (h-ARM) loans. The proposed rule would ensure VA's existing interest rate regulation reflects current statutory requirements regarding these loans, in a way that makes the loans a more viable, safe product for Veterans. The proposed rule would also solidify requirements for temporary buydown agreements to help Veterans temporarily reduce their interest rates and, in effect, lower their monthly mortgage payments for a specific period of time.

Key facts

Document number
2024-13389
Type
Proposed rule
Action
Proposed rule
Agency
Veterans Affairs Department
Published
June 21, 2024
Comments due
August 20, 2024
Dates
Comments must be received on or before August 20, 2024.
Regulation ID (RIN)
2900-AS08
Code of Federal Regulations
38 CFR 36
Topics
Condominiums; Housing; Individuals with disabilities; Loan programs-housing and community development; Loan programs-veterans; Manufactured homes; Mortgage insurance; Reporting and recordkeeping requirements; Veterans
Significant
Yes, under Executive Order 12866
Pages
8

The document on federalregister.gov PDF

Other documents from the Veterans Affairs Department

Everything from the Veterans Affairs Department · Rules on condominiums · Rules on housing · Rules on individuals with disabilities · Published in June 2024

Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.