---
kind: "section"
citation: "38 C.F.R. § 36.4505"
title: "38"
number: "36.4505"
heading: "Maturity of loan."
url: "https://uscodex.org/cfr/38/36.4505"
---

# §36.4505. Maturity of loan.

- (a) The maturity of a loan shall not exceed 25 years and 32 days. If the Department of Veterans Affairs determines the income and expenses of a veteran-applicant under customary credit standards would prevent the veteran from making the required loan payments for a loan which matures in 25 years and 32 days, but the veteran would be able to make the loan payments over a longer period of time, the loan may be made with a maturity not in excess of 30 years and 32 days.
- (b) Every loan shall be repayable within the estimated economic life of the property securing the loan.
- (c) Nothing in this section shall preclude extension of the loan pursuant to the provisions of [§ 36.4506](/cfr/38/36.4506.md).

## Notes

### Amendments

[46 FR 43675, Aug. 31, 1981]

### Amendments

[24 FR 2658, Apr. 7, 1959]

### Authority

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

### Amendments

[46 FR 43675, Aug. 31, 1981]