View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
VA RIN: 2900-AS08 Publication ID: 2026 
Title: Loan Guaranty: Adjustable Rate Mortgages, Hybrid Adjustable Rate Mortgages, and Temporary Buydown Agreements 
Abstract:

The Department of Veterans Affairs (VA) amends its regulations on adjustable rate mortgage (ARM) loans and hybrid adjustable rate mortgage (h-ARM) loans to align with current statute, making these loans a more secure and beneficial option for veterans. This rule also clarifies the requirements for temporary interest rate buydowns, offering veterans a way to temporarily cut their monthly mortgage costs, making the loan more affordable. 

 
Agency: Department of Veterans Affairs(VA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 38 CFR 36.4312    38 CFR 36.4301   
Legal Authority: 38 U.S.C. 3707    38 U.S.C. 3707A    38 U.S.C. 501    5 U.S.C. 605(b)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/21/2024  89 FR 51995   
NPRM Comment Period End  08/20/2024 
Final Action  07/00/2026 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Terry Rouch
Assistant Director - Loan Guaranty, Veterans Benefits Administration
Department of Veterans Affairs
Washington, DC 20420
Phone:202 632-8862
Email: terry.rouch@va.gov