Utah Code § 61-2d-104: Negative amortization prohibited.
Where this section sits in the code
- Title 61 Securities Division - Real Estate Division
- 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