SB 157: AN ACT relating to total net income limits on loans secured by a mortgage.

Summary

Amend KRS 286.8-125 to exempt loans for which the total points and fees do not exceed the threshold set forth in 12 C.F.R. sec. 1026.43(e)(3) from total net income limits; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act.

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Apr 8, 2026

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