Kansas Statutes § 9-2231 Loans secured by mortgages on consumer's principal residence; negative amortization and balloon payments prohibited.
Covered transactions may not include negative amortization of principal or a balloon payment when stated loan-value or rate conditions are met, unless an exception applies.
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- Jurisdiction
- United States — Kansas
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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consumer mortgage loans payment structures
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Kansas Statutes § 9-2231 Loans secured by mortgages on consumer's principal residence; negative amortization and balloon payments prohibited.
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