Indiana Code 28-15-11-10. “Rollover mortgage”
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Sec. 10. As used in this chapter, “rollover mortgage” means a mortgage loan that:
(A) a dwelling intended for occupancy by at least one (1) and not more than four (4) families; or
(1) is secured by a first mortgage on real estate improved by:
Terms Used In Indiana Code 28-15-11-10
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(B) a combination home and business building; and
(2) may be subject to rate adjustments at regularly scheduled times.
As added by P.L.193-1997, SEC.2.