Title 38Veterans' BenefitsRelease 119-73not60

§3746 Maturity of Loans

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

Last updated Apr 5, 2026|Official source

Summary

Loans under this subchapter used to build, convert, expand facilities, or buy property cannot exceed 20 years plus extra time the Secretary decides when the loan is made to finish the work; other loans cannot exceed 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 5, 2026

Release point: 119-73not60