Current through P.L. 171-2024
Section 28-15-11-10 - "Rollover mortgage"As used in this chapter, "rollover mortgage" means a mortgage loan that:
(1) is secured by a first mortgage on real estate improved by:(A) a dwelling intended for occupancy by at least one (1) and not more than four (4) families; or(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.