source:
  type: regulation
  id: va-38cfr-36.4310
  authority: 38 CFR §36.4310 — Amortization
  description: '38 CFR §36.4310 imposes amortization requirements on VA-guaranteed and

    VA-insured loans.

    '
obligations:
- id: va-38cfr-36.4310-a
  canonical_id: va-38cfr-36.4310-a
  section: 38 CFR §36.4310(a)
  description: '(a): (a) All loans , the maturity date of which is beyond 5 years from date of loan or
    date of assumption by the veteran, shall be amortized. Except as provided in paragraph (e) of this
    section, the schedule of payments thereon shall be in accordance with any generally recognized plan
    of amortization req…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: (a) All loans , the maturity date of which is beyond 5 years from date of loan or
      date of assumption by the veteran, shall be amortized. Except as provided in paragraph (e) of this
      section, the schedule of payments thereon shall be in accordance with any generally recognized plan
      of amortization requiring approximately equal periodic payments and shall require a principal reduction
      not less often than annually during the life of the loan . The final installment on any loan shall
      not be in excess of two times the average of the preceding installments, except that on a construction
      loan such installment may be for an amount not in excess of 5 percent of the original principal
      amount of the loan . The limitations imposed herein on the amount of the final installment shall
      not apply in the case of any loan extended pursuant to § 36.4315.
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: va-38cfr-36.4310-b
  canonical_id: va-38cfr-36.4310-b
  section: 38 CFR §36.4310(b)
  description: '(b): (b) Any plan of repayment on loans required to be amortized which does not provide
    for approximately equal periodic payments shall not be eligible unless the plan conforms with the
    provisions of paragraph (e) of this section, or is otherwise approved by the Secretary .'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: (b) Any plan of repayment on loans required to be amortized which does not provide
      for approximately equal periodic payments shall not be eligible unless the plan conforms with the
      provisions of paragraph (e) of this section, or is otherwise approved by the Secretary .
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: va-38cfr-36.4310-c
  canonical_id: va-38cfr-36.4310-c
  section: 38 CFR §36.4310(c)
  description: '(c): (c) Every guaranteed or insured loan shall be repayable within the estimated economic
    life of the property securing the loan .'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: (c) Every guaranteed or insured loan shall be repayable within the estimated economic
      life of the property securing the loan .
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: va-38cfr-36.4310-d
  canonical_id: va-38cfr-36.4310-d
  section: 38 CFR §36.4310(d)
  description: '(d): (d) Subject to paragraph (a) of this section, any amounts which under the terms of
    a loan do not become due and payable on or before the last maturity date permissible for loans of
    its class under the limitations contained in 38 U.S.C. chapter 37 shall automatically fall due on
    such date. See § 36.4…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: (d) Subject to paragraph (a) of this section, any amounts which under the terms of
      a loan do not become due and payable on or before the last maturity date permissible for loans of
      its class under the limitations contained in 38 U.S.C. chapter 37 shall automatically fall due on
      such date. See § 36.4337 .
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: va-38cfr-36.4310-e
  canonical_id: va-38cfr-36.4310-e
  section: 38 CFR §36.4310(e)
  description: '(e): (e) A graduated payment mortgage loan , providing for deferrals of interest during
    the first 5 years of the loan and addition of the deferred amounts to principal shall be eligible,
    Provided: (1) The loan is for the purpose of acquiring a single-family dwelling unit, including a
    condominium unit or …'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: '(e) A graduated payment mortgage loan , providing for deferrals of interest during
      the first 5 years of the loan and addition of the deferred amounts to principal shall be eligible,
      Provided: (1) The loan is for the purpose of acquiring a single-family dwelling unit, including
      a condominium unit or simultaneously acquiring and improving a previously occupied, existing single-family
      dwelling unit. (2)'
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: va-38cfr-36.4310-i
  canonical_id: va-38cfr-36.4310-i
  section: 38 CFR §36.4310(i)
  description: '(i): (i) For proposed construction or existing homes not previously occupied (new homes
    ), the maximum loan amount cannot exceed 97.5 percent of the lesser of the reasonable value of the
    property as of the time the loan is made or the purchase price . (ii) For previously occupied, existing
    homes the maxi…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 38 CFR §36.4310(a)
    source_class: va-regulation
    source_url: https://www.law.cornell.edu/cfr/text/38/36.4310
    snapshot_id: 6cb194de3423a126
    fetched_at: '2026-05-22T18:52:46Z'
    content_hash: sha256:bcc895047b8d6bebdcff533167b36face22805f44bf6836e15a1e02ca82dfe2e
    paragraph_quote: '(i) For proposed construction or existing homes not previously occupied (new homes
      ), the maximum loan amount cannot exceed 97.5 percent of the lesser of the reasonable value of the
      property as of the time the loan is made or the purchase price . (ii) For previously occupied, existing
      homes the maximum loan amount must be computed to assure that the principal amount of the loan ,
      including all interest scheduled to be deferred and added to the loan principal, will not exceed
      the purchase price or reasonable value of the property, whichever is less, as of the time the loan
      is made; (3) The increases in the monthly periodic payment amount occur annually on each of the
      first five annual anniversary dates of the first loan installment due date, at a rate of 7.5 percent
      over the preceding year''s monthly payment amount; (4) Beginning with the payment due on the fifth
      annual anniversary date of the first loan installment due date, all remaining monthly periodic payments
      are approximately equal in amount and amortize the loan fully in accordance with the requirements
      of this section, and (5) The plan is otherwise acceptable to the Secretary . (Authority: 38 U.S.C.
      3703(d) ) [ 73 FR 6310 , Feb. 1, 2008. Redesignated at 75 FR 33705 , June 15, 2010, as amended at
      75 FR 65238 , Oct. 22, 2010] CFR Toolbox Law about... Articles from Wex Table of Popular Names Parallel
      Table of Authorities Accessibility About LII Contact us Advertise here Help Terms of use Privacy'
    drafter_attestation: Verbatim subsection of 38 CFR §36.4310 from Cornell LII snapshot 6cb194de3423a126;
      body isolated between nav and notes; substring-verified.
  judgment: false
