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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 6.2-1182: Adjustable real estate loans

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Where this section sits in the code
  1. Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES
  2. Subtitle II. DEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS
  3. Chapter 11. SAVINGS INSTITUTIONS
  4. Article 7. REAL ESTATE LOANS

A state savings institution may adjust the interest rate, payment, balance, or term to maturity on any real estate loan as authorized by the loan contract, and may receive a portion of the consideration for making a real estate loan in the form of a percentage of the amount by which the current market value of the property, during the loan term or at maturity, exceeds the original appraised value.1985, c. 425, § 6.1-194.65; 1991, c. 230, § 6.1-194.151; 2010, c. 794.

Collected 2026-09-04T15:12:34Z. Source file · JSON

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