Nev. Admin. Code § 319.390 - "Mortgage loan" defined

"Mortgage loan" means a loan that is:

1. Made to an eligible borrower to finance the acquisition cost of a qualified residence;
2. Evidenced by a deed of trust note; and
3. Secured by a deed of trust.


Nev. Admin. Code § 319.390
Added to NAC by Housing Div. by R166-99, eff. 6-15-2000

NRS 319.140, 319.210

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