{"data":{"id":"us/38-cfr-36.4502","jurisdiction":"us","citation":"38 CFR 36.4502","heading":"Use of guaranty entitlement.","body":"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.","path":["Title 38—Pensions, Bonuses, and Veterans' Relief","CHAPTER I—DEPARTMENT OF VETERANS AFFAIRS","PART 36—LOAN GUARANTY","Subpart D—Direct Loans"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-38.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:50Z","sha256":"2d081601463fb0fb2ca67f4b4a7cbe778027519da3200156a883024a44af25fe","source_id":"us-cfr","stale":true,"prev":"us/38-cfr-36.4501","next":"us/38-cfr-36.4503"},"notice":"GroundRules: Original legal text. Not legal advice."}
