38 U.S.C. § 3712
Loans to purchase manufactured homes and lots
United States · Title 38 — VETERANS’ BENEFITS · Status: effective
Cite this
- Citation
- 38 U.S.C. § 3712, Loans to purchase manufactured homes and lots, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/473301
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Full text
Notwithstanding any other provision of this chapter, any loan to a veteran eligible for the housing loan benefits of this chapter, if made pursuant to the provisions of this section, may be guaranteed if such loan is for one of the following purposes:
For a loan to be guaranteed for the purpose specified in clause (F) of paragraph (1) of this subsection—
the veteran must own the manufactured home, or the manufactured-home lot, or the manufactured home and the manufactured-home lot, securing the loan and—
For a loan to be guaranteed for the purpose specified in paragraph (1)(G) of this subsection or section 3710(a)(9)(B)(ii) of this title—
the amount of the loan may not exceed an amount equal to the sum of—
A claim under the Secretary’s guaranty shall, at the election of the holder of a loan, be made by the filing of an accounting with the Secretary—
If the holder of a loan applies for payment of a claim under clause (i) of subparagraph (B) of this paragraph, the amount of such claim payable by the Secretary shall be the lesser of—
If the holder of a loan files for payment of a claim under clause (ii) of subparagraph (B) of this paragraph, the amount of such claim payable by the Secretary shall be the lesser of—
The maturity of any loan guaranteed for purposes specified in this section shall not be more than—
twenty years and thirty-two days, in the case of a loan for the purchase of—
No loan shall be guaranteed for purposes specified in this section unless—
the amount of the loan to be paid by the veteran is not in excess of the amount determined to be reasonable, based upon—
Subject to notice and opportunity for a hearing, the Secretary is authorized to deny guaranteed or direct loan financing in the case of—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Veterans Housing Act of 1974House: no recorded tallySenate: no recorded tally
- Veterans Housing Amendments Act of 1976House: no recorded tallySenate: no recorded tally
- Veterans' Housing Benefits Act of 1978House: no recorded tallySenate: no recorded tally
- An act to amend title 38, United States Code, to provide cost-of-living increases in the rates of compensation for veterans with service-connected disabilities and in the rates of dependency and indemnity compensation for surviving spouses and children of veterans, to provide for limited grants for special home adaptations for certain severely disabled veterans, to provide for Veterans' Administration guaranties for loans to refinance certain existing veterans' home loans and to increase the maximum loan guaranties for home loans made to veterans, and to provide for the confidentiality of certain Veterans' Administration medical quality assurance records; and for other purposes.House: no recorded tallySenate: no recorded tally
- Veterans' Disability Compensation, Housing, and Memorial Benefits Amendments of 1981House: no recorded tallySenate: no recorded tally
- Veterans' Health Care, Training, and Small Business Loan Act of 1981House: no recorded tallySenate: no recorded tally
- A bill to amend titles 10, 14, 37, and 38, United States Code, to codify recent law and to improve the Code.House: no recorded tallySenate: no recorded tally
- Veterans' Compensation, Education, and Employment Amendments of 1982House: no recorded tallySenate: no recorded tally
- An act to amend title 38, United States Code, to increase the rates of compensation for disabled veterans and the rates of dependency and indemnity compensation for survivors; to express the sense of the Congress that increases in the rates of compensation should take effect on December 1 beginning in fiscal year 1985, and for other purposes.House: no recorded tallySenate: no recorded tally
- Veterans' Benefits Improvement and Health Care Authorization Act of 1986House: no recorded tallySenate: no recorded tally
- Veterans' Home Loan Program Improvements and Property Rehabilitation Act of 1987House: no recorded tallySenate: no recorded tally
- Veterans' Home Loan Program Emergency Amendments of 1988House: no recorded tallySenate: no recorded tally
- Veterans' Benefits and Services Act of 1988House: no recorded tallySenate: no recorded tally
- Veterans' Benefits Amendments of 1989House: no recorded tallySenate: no recorded tally
- Omnibus Budget Reconciliation Act of 1990
- To amend title 38, United States Code, with respect to veterans programs for housing and memorial affairs, and for other purposes.House: no recorded tallySenate: no recorded tally
- Department of Veterans Affairs Codification ActHouse: no recorded tallySenate: no recorded tally
- Veterans Home Loan Program Amendments of 1992House: no recorded tallySenate: no recorded tally
- Veterans' Benefits Improvements Act of 1994House: no recorded tallySenate: no recorded tally
- Federal Reports Elimination and Sunset Act of 1995House: no recorded tallySenate: no recorded tally
- William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021