HAR §15-314-30

HAR §15-314-30. Purpose

Length: 71 wordsOfficial source

Cite as Haw. Code R. § 15-314-30

The purpose of this program is to provide eligible loans to eligible borrowers through an alternative program to the advance commitments program. Such loans shall be made available at affordable interest rates, permitting the purchase of homes by eligible borrowers. The 314-8 purchase of mortgage loans shall be based upon requests submitted to the corporation by mortgage lenders on a loan-by- loan basis. [Eff ] (Auth: HRS §201H- 106)(Imp: HRS §201H-106)