Nev. Admin. Code § 319.723

Current through November 8, 2024

Section 319.723 - Assumption of loan

A loan from the Division is assumable if:

1. A loan balance assumption fee of up to 1 percent of the loan balance, as determined by the Division, is paid to the Division;

2. A processing fee, as established by the Division, is paid to the Division; and

3. The Division approves of the assumption.

Nev. Admin. Code § 319.723

Added to NAC by Housing Div. by R093-00, eff. 11-20-2000

NRS 319.140