( 12 ) The latest expansion off borrowing would be to a customer having income you to will not surpass your family limitation specified for the a dozen CFR (a)(3); and you may
( 4 ) The new collector find, in accordance with created steps, that consumer features a good capacity to repay the fresh new extension regarding credit.
( v ) An extension of borrowing produced pursuant so you can an application subscribed from the parts 101 and you can 109 of your Disaster Monetary Stabilization Operate regarding 2008 (twelve U.S.C. 5211; 5219);
( 1 ) Safe harbor. S.C. 3710(a)(8) and you can (e) was a safe harbor licensed home loan, while the outlined in the paragraph (b) for the section, in the event that most of the pursuing the standards is actually found:
( i ) The loan becoming refinanced is got its start at the least six months in advance of the fresh time of your the fresh new loan’s closing date, plus the veteran has not been more than 1 month earlier due throughout like six-month several months;
