38 U.S.C. 3710: Purchase or construction of homes

2022

• Pub. L. 117–328 added subsec. (i). (Consolidated Appropriations Act, 2023) Law text · (i)

2019

• Pub. L. 116–23 substituted "subparagraph (B) or (C) of section 3703(a)(1) of this title" for "section 3703(a)(1)(B) of this title". (Blue Water Navy Vietnam Veterans Act of 2019) Law text · (d)

2008

• Pub. L. 110–389 substituted "100 percent" for "90 percent". (Veterans' Benefits Improvement Act of 2008) Law text · (b)

2006

• Pub. L. 109–461, §501(a), added par. (12). (Veterans Benefits, Health Care, and Information Technology Act of 2006) Law text · (a)
• Pub. L. 109–461, §501(b), added subsec. (h). (Veterans Benefits, Health Care, and Information Technology Act of 2006) Law text · (h)

1996

• Pub. L. 104–110 struck out par. (7) which read as follows: "A loan may not be guaranteed under this subsection after December 31, 1995." Law text · (d)

1994

• Pub. L. 103–446, §904(a), added par. (11). · (a)
• Pub. L. 103–446, §904(b)(1), inserted "or for the purpose specified in subsection (a)(11)" after "subsection (a)(8)" in introductory provisions. · (e)
• Pub. L. 103–446, §905, inserted before semicolon at end "or, in a case in which the loan is a fixed rate loan and the loan being refinanced is an adjustable rate loan, the loan bears interest at a rate that is agreed upon by the veteran and the mortgagee". · (e)
• Pub. L. 103–446, §904(b)(2), substituted "may not exceed—" and cls. (i) and (ii) for "may not exceed an amount equal to the sum of the balance of the loan being refinanced and such closing costs (including any discount permitted pursuant to section 3703(c)(3)(A) of this title) as… · (e)

1992

• Pub. L. 102–547, §9(b)(1), amended par. (7) generally. Prior to amendment, par. (7) read as follows: "To improve a dwelling or farm residence owned by the veteran and occupied by the veteran as the veteran's home through the installation of a solar heating system, a solar heating an… · (a)
• Pub. L. 102–547, §9(b)(2), added par. (10). · (a)
• Pub. L. 102–547, §9(a), amended subsec. (d) generally. Prior to amendment, subsec. (d) defined terms "solar heating", "solar heating and cooling", "combined solar heating and cooling", "passive system", and "residential energy conservation measure" for purposes of subsec. (a)(7). · (d)
• Pub. L. 102–547, §6(1), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: "the amount of the guaranty of the loan may not exceed the original guaranty amount of the loan being refinanced;". · (e)

1991

• Pub. L. 102–83, §5(a), renumbered section 1810 of this title as this section.
• Pub. L. 102–83, §5(c)(1), substituted "3704(c)(2)" for "1804(c)(2)" in introductory provisions, "3712(a)(5)" for "1812(a)(5)" in par. (9)(B)(ii), and "3711" for "1811" in concluding provisions. · (a)
• Pub. L. 102–83, §5(c)(1), substituted "3711" for "1811" in introductory provisions and "3731" for "1831" in pars. (5), (7)(i), and (8). · (b)
• Pub. L. 102–83, §5(c)(1), substituted "3703(c)(3)(A)" for "1803(c)(3)(A)". · (e)
• Pub. L. 102–83, §5(c)(1), substituted "3702(b)" for "1802(b)". · (e)
• Pub. L. 102–83, §4(a)(2)(A)(iv), substituted "Secretary" for "Veterans' Administration". · (e)
• Pub. L. 102–83, §5(c)(1), substituted "3712(e)(2)" for "1812(e)(2)". · (g)

1989

• Pub. L. 101–237, §313(b)(1), substituted "Secretary" for "Administrator" wherever appearing. · (a)
• Pub. L. 101–237, §309(b), inserted "except in the case of a loan described in clause (7) or (8) of this subsection," before "the loan to be paid" in cl. (5), struck out "and," at end of cl. (5), substituted semicolon for period at end of cl. (6), and added cls. (7) and (8). · (b)
• Pub. L. 101–237, §313(b)(1), substituted "Secretary" and "Secretary's" for "Administrator" and "Administrator's", respectively, wherever appearing. · (d), (e), (f), (g)
• Pub. L. 101–237, §309(a), struck out subsec. (h) which read as follows: "The amount of a loan guaranteed for the purpose specified in subsection (a)(5) of this section may not exceed the amount equal to 90 percent of the appraised value of the dwelling or farm residence which will secu… · (h)

1988

• Pub. L. 100–322, §415(c)(4)(A), substituted "section 1812(a)(5)" for "section 1819(a)(5)". · (a)
• Pub. L. 100–322, §415(c)(4)(B), substituted "section 1812(e)(2)" for "section 1819(e)(2)". · (g)

1987

• Pub. L. 100–198, §8(a)(2), substituted "Except as provided in section 1804(c)(2) of this title, any" for "Any". · (a)
• Pub. L. 100–198, §11(b), substituted "pursuant to section 1831 of this title" for "by the Administrator" in cl. (5) and struck out last sentence which read as follows: "After the reasonable value of any property, construction, repairs, or alterations is determined under paragraph (5), … · (b)
• Pub. L. 100–198, §3(a)(2), struck out subsec. (c) which read as follows: "The amount of guaranty entitlement available to a veteran under this section shall not be more than $27,500 less such entitlement as may have been used previously under this section and other sections of this cha… · (c)
• Pub. L. 100–198, §7(a)(1), struck out "and such dwelling or residence must be owned and occupied by the veteran as such veteran's home" after "refinanced". · (e)
• Pub. L. 100–198, §7(a)(2), struck out "and" at end. · (e)
• Pub. L. 100–198, §7(a)(3), substituted "by more than 10 years; and" for period at end. · (e)
• Pub. L. 100–198, §7(a)(4), added cl. (F). · (e)
• Pub. L. 100–198, §13, inserted at end "If the procedures described in clause (C) of this paragraph include standards for evaluating residual income, the Administrator shall, in establishing such standards, give appropriate consideration to State statistics (in States as to which the… · (g)
• Pub. L. 100–198, §7(c), added subsec. (h). · (h)

1986

• Pub. L. 99–576, §402(a), inserted ", as determined in accordance with the credit underwriting standards established pursuant to subsection (g) of this section". · (b)
• Pub. L. 99–576, §402(b), added subsec. (g). · (g)

1984

• Pub. L. 98–223, §205(a)(1), added par. (9). · (a)
• Pub. L. 98–223, §205(a)(2), added subsec. (f). · (f)

1980

• Pub. L. 96–385, §401(a)(1), added par. (8). · (a)
• Pub. L. 96–385, §402(a), substituted "$27,500" for "$25,000". · (c)
• Pub. L. 96–385, §401(a)(2), added subsec. (e). · (e)

1978

• Pub. L. 95–476, §104(1), struck out requirement that the purchased residential unit be in a new condominium development, struck out provision that such unit could be in a structure built and sold as a condominium, and inserted provision that the criteria prescribed by the Administra… · (a)
• Pub. L. 95–476, §104(2), added par. (7). · (a)
• Pub. L. 95–476, §105(a), substituted "$25,000" for "$17,500". · (c)
• Pub. L. 95–476, §104(3), added subsec. (d). · (d)

1976

• Pub. L. 94–324 substituted "the veteran", "the veteran's" and "the Administrator" for "him", "his" and "he", respectively, wherever appearing. · (a)

1974

• Pub. L. 93–569, §3(1), struck out "Nothing in this chapter shall preclude a veteran from paying to a lender any discount required by such lender in connection with such refinancing." · (a)
• Pub. L. 93–569, §3(2), added par. (6). · (a)
• Pub. L. 93–569, §3(3), substituted "$17,500" for "$12,500". · (c)
• Pub. L. 93–569, §3(4), struck out subsec. (d) relating to guaranty of loans for purchase of a one-family residential unit in a condominium housing project or development as to which Secretary of Housing and Urban Development has issued, under section 234 of the National Housing Act, ev… · (d)

1970

• Pub. L. 91–506, §3(1), added par. (5) permitting a veteran to use his loan guaranty eligibility to refinance existing mortgage loans or other liens on dwellings on farm residences he occupies and provided that veterans using loan guarantees for such refinancing may pay points demanded … · (a)
• Pub. L. 91–506, §3(2), added subsec. (d). · (d)

1968

• Pub. L. 90–301, §2(a), substituted "loan to be paid" for "price paid or to be paid" in par. (5) of first sentence and inserted sentence at end relating to notification of veteran concerned of determination of reasonable value of any property, construction, repairs, or alterations. · (b)
• Pub. L. 90–301, §1(a), increased limitation on amount of guaranty entitlement from $7,500 to $12,500. · (c)