Nev. Admin. Code § 319.719 - Loan to value percentage

Except as otherwise provided in this section, each project must have a loan to value percentage of not more than 85 percent of the appraised value of the project for debt which is secured by a first lien and is issued by the Division. The Division may allow a loan to value percentage that exceeds 85 percent of the appraised value of the project if the Division , in its sole discretion, determines that a greater loan to value percentage is appropriate under the circumstances.

Notes

Nev. Admin. Code § 319.719
Added to NAC by Housing Div. by R093-00, eff. 11-20-2000; A by R114-14, eff. 10/27/2015

NRS 319.140

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