Terms Used In Missouri Laws 215.307

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

Any owner of a multifamily housing project subject to the provisions of sections 215.300 to 215.318 which is or will become eligible for mortgage prepayment without the prior approval of the secretary of the Department of Housing and Urban Development shall be eligible for additional subsidies under the provisions of sections 215.300 to 215.318.