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Florida Statutes Title XXXVII. Insurance § 635.061. Premium cost

Current as of January 01, 2025 | Updated by Findlaw Staff

For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.

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Cite this article: FindLaw.com - Florida Statutes Title XXXVII. Insurance § 635.061. Premium cost - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xxxvii-insurance/fl-st-sect-635-061/

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