12 GCA § 4307
Interest Free Loan Schedules
View official PDF ↗There are hereby established the following Interest Free Loan Schedules to which this Article applies. The maximum loan amount shall depend in each instance on the prevailing GHC Rate at the time a loan is made.
(a)Interest Free Loan Schedule I. GHC Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 50.00% of The Appraised Value 48.00% of The Appraised Value 46.00% of The Appraised Value COL9/7/2021 CH. 4 GUAM HOUSING CORPORATION
(b)Interest Free Loan Schedule II. GHC Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 48.00% of The Appraised Value 46.00% of The Appraised Value 44.00% of The Appraised Value
(c)Interest Free Loan Schedule III. GHC Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 46.00% of The Appraised Value 44.00% of The Appraised Value 42.00% of The Appraised Value
(d)Interest Free Loan Schedule IV. GHC Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 44.00% of The Appraised Value 42.00% of The Appraised Value 40.00% of The Appraised Value
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.