Indiana Code 23-2.5-1-4. “Borrower’s residential mortgage loan application information”
Current as of: 2023 | Check for updates
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Sec. 4. “Borrower’s residential mortgage loan application information” means the:
(2) borrower’s essential personal and financial information necessary for an informed credit decision to be made concerning the borrower’s mortgage loan application.
(1) address of proposed residential real property to be mortgaged; and
Terms Used In Indiana Code 23-2.5-1-4
- 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
As added by P.L.175-2019, SEC.2.