Sec. 6. A high cost home loan may not include terms under which more than two (2) periodic payments required under the high cost home loan are consolidated and paid in advance from the high cost home loan proceeds provided to the borrower. [Pre-2026 Revision Citation: 24-9-4-6.] As added by P.L.115-2026, SEC.97.
Consolidated periodic payments paid from loan proceeds
Ind. Code § 37-5-4-6, under Additional Prohibitions for High Cost Home Loans.
Ind. Code § 37-5-4-6