Fla. Stat. 635.061
Premium cost

For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.

Source: Section 635.061 — Premium cost, https://www.­flsenate.­gov/Laws/Statutes/2024/0635.­061 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 635.061. Premium cost's source at flsenate​.gov