Sections
5 entriesSection 1917.030Allows shared appreciation loans on specified one- to four-family owner-occupied residential property, with only one unit required to be owner-occupied in a…Section 1917.031Requires shared appreciation loans to run seven to 30 years, excluding specified refinancing, with 30-year amortization and fixed interest one-third below the…Section 1917.032Allows a shared-appreciation borrower to prepay principal and accrued interest, including contingent deferred interest, in whole or part at any time. Allows…Section 1917.033Requires a shared appreciation lender, when the loan matures without prior full repayment, sale, or transfer, to offer the original borrower refinancing…Section 1917.034Allows a shared appreciation borrower to obtain other financing instead of the refinancing provided by the referenced chapter provision. Allows the borrower…