§ 6.1-194.65. Adjustable real estate loans
A state association may adjust the interest rate, payment, balance, or term to maturity on any real estate loan as authorized by the loan contract, and may receive a portion of the consideration for making a real estate loan in the form of a percentage of the amount by which the current market value of the property, during the loan term or at maturity, exceeds the original appraised value.
(1985, c. 425.)
Sections: Previous 6.1-194.58 6.1-194.59 6.1-194.60 6.1-194.61 6.1-194.62 6.1-194.63 6.1-194.64 6.1-194.65 6.1-194.66 6.1-194.67 6.1-194.68 6.1-194.69 6.1-194.70 6.1-194.71 6.1-194.72 NextLast modified: April 2, 2009