Nev. Admin. Code § 319.390

Current through December 31, 2024

Section 319.390 - "Mortgage loan" defined

"Mortgage loan" means a loan that is:

1. Made to an eligible borrower to finance the acquisition cost of a qualified residence;

2. Evidenced by a deed of trust note; and

3. Secured by a deed of trust.

Nev. Admin. Code § 319.390

Added to NAC by Housing Div. by R166-99, eff. 6-15-2000

NRS 319.140, 319.210