2016 Indiana Code TITLE 24. TRADE REGULATION ARTICLE 9. HOME LOAN PRACTICES CHAPTER 1. APPLICATION
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IC 24-9
ARTICLE 9. HOME LOAN PRACTICES
IC 24-9-1
Chapter 1. Application
IC 24-9-1-1
Application of article
Sec. 1. Except for IC 24-9-3-7(c)(3), IC 24-9-3-7(c)(4), and
IC 24-9-3-7(c)(5), this article does not apply to:
(1) a loan made or acquired by a person organized or chartered
under the laws of this state, any other state, or the United States
relating to banks, trust companies, savings associations, savings
banks, credit unions, or industrial loan and investment
companies; or
(2) a loan:
(A) that can be purchased by the Federal National Mortgage
Association, the Federal Home Loan Mortgage Association,
or the Federal Home Loan Bank;
(B) to be insured by the United States Department of
Housing and Urban Development;
(C) to be guaranteed by the United States Department of
Veterans Affairs;
(D) to be made or guaranteed by the United States
Department of Agriculture Rural Housing Service;
(E) to be funded by the Indiana housing and community
development authority; or
(F) with a principal amount that exceeds the conforming
loan size limit for a single family dwelling as established by
the Federal National Mortgage Association.
As added by P.L.73-2004, SEC.33. Amended by P.L.1-2006, SEC.414
and P.L.181-2006, SEC.58; P.L.52-2009, SEC.4; P.L.105-2009,
SEC.7.
Indiana Code 2016
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