# Loan Guaranty: Hybrid Adjustable Rate Mortgages
> **US Department of Veterans Affairs** · Final rule. · Published 2005-05-02 · Effective 2005-05-02 · 70 FR 22596
## Document
- **Document number:** 05-8714
- **Category:** va-home-loan
- **Agency:** US Department of Veterans Affairs
- **Federal Register citation:** 70 FR 22596
- **CFR reference:** 38 CFR 36
- **Publication date:** 2005-05-02
- **Effective date:** 2005-05-02
## Abstract

The Department of Veterans Affairs (VA) is affirming as final an amendment to its loan guaranty regulations implementing section 303 of the Veterans Benefits Act of 2002. The amendment incorporates into the regulations a new authority for hybrid adjustable rate mortgages. This allows VA to guarantee loans with interest rates that remain fixed for a period of not less than the first three years of the loan, after which the rate can be adjusted annually.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/05/02/05-8714/loan-guaranty-hybrid-adjustable-rate-mortgages)
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