1994-Subsec. (a)(2)(E). Bar. L. 103446, 1201(f)(4), replaced « On several months delivery on the October 28, 1992, and you may end towards Oct twenty-seven, 1999, » to own « On seven-year months beginning to the day of enactment of this subparagraph, ».
Subsec. (b). Pub. L. 103446, 902(1), (6), (7), into the basic conditions, replaced « mortgage within the pursuing the activities: » to possess « financing, if-« , and also in concluding specifications, replaced « section (1) » for « condition (1) of the preceding sentence » and joined within avoid « Brand new expert of your own Secretary less than which subsection so you can exclude a keen amount of guaranty or insurance rates homes financing entitlement used from the a seasoned is generally worked out only once for this seasoned lower than this new authority from part (4). »
Subsec. (b)(1). Pub. L. 103446, 902(2), replaced « The house or property » to possess « the house or property » when you look at the subpar. (A) and a time to the semicolon during the prevent regarding subpar. (B).
Subsec. (b)(2). Club. L. 103446, 902(3), replaced « An experienced-transferee » having « a veteran-transferee » and you may a period to possess « ; or » at avoid.
1988-Subsec. (a)(1). Pub. L. 100322, 415(a)(1)(A)(E), appointed established specifications as par. (1), substituted « The fresh experts demonstrated for the section (2) with the subsection qualify for the homes loan benefits associated with it part » getting « Each seasoned which supported on productive obligation any time during the The second world war, new Korean dispute, or the Vietnam day and age and you may whose total service are getting ninety weeks or more, or who was discharged otherwise create regarding a period of productive responsibility, people section of hence took place during the The second world war, the Korean disagreement, and/or Vietnam era, for a support-connected disability, is entitled to the fresh new construction loan advantages of which part », substituted « into the section (2) » to own « regarding preceding sentence, or in area 1818 with the name, » and you may redesignated former cls. (1) and you will (2) because the cls. (A) and (B), respectively, and you can former cls. (A) and (B) because subcls. (i) and you will (ii), correspondingly.
L. 93569, 2(b), replaced terms relating to one bank approved by Officer pursuant so you can conditions centered by the him, for provisions per approval from mortgagees by Secretary out-of Homes and Urban Innovation and you will appointed from the your once the authoritative broker
Subsec. (d). Club. L. 9772, 303(b)(4), (5), replaced « Construction money will be instantly guaranteed » having « Loans is instantly secured » and you will « One construction financing proposed » having « People loan suggested ».
1978-Subsec. (a). Pub. L. 95476, 102(a), joined conditions entitling Vietnam day and age veterans towards the benefits associated with this section and you will along with such as for instance experts on cancellation from vacant entitlement based on prior to solution together with decrease in most recent entitlement specifications on the subsection.
Subsec. (b). Pub. L. 95476, 102(b), redesignated cl. (1) once the (1)(A), cl. (2) because (B), cl. (3) since the (2), and you may struck away reference to cl. (2) from inside the provision authorizing the fresh new Adminis trator to help loans Glenwood AL you waive certain standards recommended contained in this subsection.
1976-Subsec. (b). Club. L. 94324, 7(3), substituted « the fresh new Manager deems » getting « he deems » and you may « this new veteran-transferee’s entitlement » for « his entitlement ».
1974-Subsec. (b). Club. L. 93569, 2(a), prolonged conditions so as to allow fix away from a beneficial veteran’s entitlement to help you an ensured, covered, otherwise lead financing offered any earlier in the day financing could have been paid in complete, as well as the assets has been thrown away because of the seasoned, otherwise any quick experienced-transferee enjoys provided to the aid of their veteran’s entitlement.
L. 9772, 303(b)(1), (2), replaced « the homes financing professionals » to own « the pros » in 2 metropolitan areas and you may « covered property mortgage » to possess « covered mortgage »
Subsec. (d). Pub. L. 9019 substituted « mortgagee authorized by the Secretary out of Housing and you may Metropolitan Invention and designated because of the your » getting « Federal Housing Administration accepted mortgagee designated from the Government Housing Administrator ».