Title 38Veterans' BenefitsRelease 119-73

§3746 Maturity of loans

Title 38 › Part PART III— - READJUSTMENT AND RELATED BENEFITS › Chapter CHAPTER 37— - HOUSING AND SMALL BUSINESS LOANS › Subchapter SUBCHAPTER IV— - SMALL BUSINESS LOANS › § 3746

Last updated Apr 6, 2026|Official source

Summary

Caps loan terms: loans for building, converting, expanding facilities, or buying real property can be up to 20 years plus any extra reasonable time the Secretary allows when made; other loans up to 10 years.

Full Legal Text

Title 38, §3746

Veterans' Benefits — Source: USLM XML via OLRC

The maturity of a loan made or guaranteed under this subchapter that is used in whole or in part for the construction, conversion, or expansion of facilities or for acquisition of real property may not exceed twenty years plus such additional reasonable time as the Secretary may determine, at the time the loan is made, is required to complete the construction, acquisition, or expansion of such facilities. The maturity of any other loan made or guaranteed under this subchapter may not exceed ten years.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1991—Pub. L. 102–83 renumbered section 1846 of this title as this section. 1989—Pub. L. 101–237 substituted “Secretary” for “Administrator”.

Reference

Citations & Metadata

Citation

38 U.S.C. § 3746

Title 38Veterans' Benefits

Last Updated

Apr 6, 2026

Release point: 119-73