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Current as of January 01, 2023 | Updated by Findlaw Staff
No applicant is entitled to borrow more than the maximum amount allowed under ORS 407.205 other than for reasons specified in ORS 407.205 except that when the property on which the loan was made becomes the property of the applicant's spouse as a result of a judgment declaring a marriage void or dissolved and the loan is repaid or remains unrepaid and there is an assumption of primary liability on the loan by a party, such loan may be excluded from consideration in computing the maximum loan allowable under ORS 407.205.
Cite this article: FindLaw.com - Oregon Revised Statutes Privileges and Benefits of Veterans and Service Personnel § 407.215 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-33-privileges-and-benefits-of-veterans-and-service-personnel/or-rev-st-sect-407-215/
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