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Utah · Through 2026 General Session

Utah Code § 61-2d-104: Negative amortization prohibited.

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Where this section sits in the code
  1. Title 61 Securities Division - Real Estate Division
  2. Chapter 61-2d Utah High Cost Home Loan Act

A high cost mortgage shall provide for regular, periodic payments sufficient to pay:

(1) all accrued interest and a portion of principal on the scheduled due date for each payment; and

(2) the full amount owed during the term of the loan, if no late fees or other contingent charges are incurred.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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