Salt Lake Telegram | 1944-10-19 | Page 1 | Home Loan Rules Issued to Vets

o n w v v. v y Home Loan Rules Issued fo to Vets v WASHINGTON ASHINGTON Oct 19 UP Regulations w whereby h her e r e b y World War Var II veterans can cari obtain loans Joans for home purchasing under the G. G I. I bill of rights were issued Thursday by the veterans admin admin- Veterans Administrator Frank FranJ T. T Hin Hines s emphasized in an accompanying accompanying accompanying statement that the veterans veterans vet vet- erans crans adm administration docs does not ma make e loans directly but only guarantees those made to veterans veterans veterans veter veter- ans by recognized individuals banks loan comp companies and authorized authorized authorized author author- federal and state agencies The loans may not be in excess of 2000 and must be used for buying property or financing construction con con- n or improvement of property property property prop prop- erty to be use used by the borrower as his home or as his business if U dwelling and business are arc at the same site The regulations ons identified eligible eligible eligible eligi eligi- ble borrowers as service men oi on 01 active duty on or after Sept 16 1940 and beford before the officially declared termination of World War II who are discharged or released from service under conditions conditions conditions condi condi- other than dishonorable after 90 days' days active duty or regardless regardless regardless re re- re- re of length of service if released because of injury or disability disability dis dis- dis ability incurred in service in line of d duty l