HB 1375 (Truly Agreed) Mortgages may be insured in an amount not to exceed 103% of fair market value of property
Current Bill Summary
- Prepared by Senate Research -

HB 1375 - This act increases the limit on the amount of mortgage insurance that can be issued on real estate from 100% to 103% of the fair market value of the real estate.

This act is similar to SB 729 (2002).
JIM ERTLE

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