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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>373708</law_id><section_number>6.2-1182</section_number><catch_line>Adjustable real estate loans</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><referred_to_by><reference>6.2-1180</reference></referred_to_by><structure><unit label="title" level="1" order_by="10" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="2" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="5" identifier="11">Savings Institutions</unit><unit label="article" level="4" order_by="7" identifier="7">Real Estate Loans</unit></structure><text>
						<section><p>A <span class="dictionary">state savings institution</span> may adjust the interest rate, payment, balance, or term to maturity on any real estate loan as authorized by the loan <span class="dictionary">contract</span>, and may receive a portion of the consideration for making a real estate loan in the form of a percentage of the amount by which the current market value of the property, during the loan term or at maturity, exceeds the original appraised value.</p></section></text><history>1985, c. 425, &#xA7; 6.1-194.65; 1991, c. 230, &#xA7; 6.1-194.151; 2010, c. 794.</history><metadata></metadata></law>
