Utah Admin. Code R982-502-7 - Loan Terms

Unless otherwise mutually agreed upon by the lender and borrower, the low-income ADU loan must:

(1) have a term of 15 years; and
(2) charge interest at a fixed rate.

Notes

Utah Admin. Code R982-502-7
Adopted by Utah State Bulletin Number 2022-01, effective 12/22/2021

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