Or. Admin. Code § 813-022-0035 - [Effective 5/2/2025] Reservation of Funds

(1) An Approved Lender may reserve funds (also known as "locking a loan").
(2) Funds are reserved on a first-come-first-served loan by loan basis.
(3) Details regarding reservation of funds is available in the OHCS Flex Lending Program Guideline Manual.

Notes

Or. Admin. Code § 813-022-0035
OHCS 1-2023, adopt filed 02/06/2023, effective 2/8/2023; OHCS 45-2024, renumbered from 813-022-0040, filed 11/01/2024, effective 11/1/2024; OHCS 47-2024, temporary amend filed 11/04/2024, effective 11/4/2024 through 5/2/2025

Statutory/Other Authority: ORS 456.555

Statutes/Other Implemented: ORS 456.555

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