---
kind: "section"
citation: "38 C.F.R. § 36.4502"
title: "38"
number: "36.4502"
heading: "Use of guaranty entitlement."
url: "https://uscodex.org/cfr/38/36.4502"
---

# §36.4502. Use of guaranty entitlement.


The guaranty entitlement of the veteran obtaining a direct loan which is closed on or after February 1, 1988, shall be charged with the lessor of the loan amount or an amount which bears the same ratio to $36,000 as the amount of the loan bears to $33,000. The charge against entitlement of a veteran who obtained a direct loan which was closed prior to the aforesaid date, shall be the amount which would have been charged had the loan been closed subsequent to such date.


## Notes

### Amendments

[55 FR 40657, Oct. 4, 1990]

### Amendments

[24 FR 2658, Apr. 7, 1959]

### Authority

Authority: 38 U.S.C. 501 and 3720.

### Amendments

[55 FR 40657, Oct. 4, 1990]