Iowa Code 528.8 – Interest on graduated payment mortgage loans
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 528.8
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
528.8 Interest on graduated payment mortgage loans.
A graduated payment mortgage loan offered or made by a financial institution shall provide
for interest at a specified rate or a series of specified rates.
89 Acts, ch 267, §8
A graduated payment mortgage loan offered or made by a financial institution shall provide
for interest at a specified rate or a series of specified rates.
89 Acts, ch 267, §8