Effective: September 1, 2021
Latest Legislation: House Bill 133 - 134th General Assembly
A registrant or entity holding a letter of exemption under this chapter may contract for and receive interest at any rate or rates agreed upon or consented to by the parties to the residential mortgage loan, but not exceeding an annual percentage rate of twenty-five per cent.
Last updated June 15, 2021 at 5:35 PM
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1322 | Ohio Residential Mortgage Lending Act (Rmla)
Section 1322.01 | Rmla Definitions.
Section 1322.04 | Applicability of Rmla.
Section 1322.07 | Requirement to Obtain Certificate of Registration or License.
Section 1322.09 | Application for Certificate of Registration; Fee.
Section 1322.10 | Conditions for Issuing Certificate of Registration; Renewal.
Section 1322.12 | Designation of Operations Manager; Eligibility.
Section 1322.15 | Obfuscation or Concealment of True Ownership or Control.
Section 1322.16 | Transfer of Ownership Interests; Notification.
Section 1322.17 | Persons Registered Solely to Sell Leads or to Match Buyers.
Section 1322.20 | Application for Mortgage Loan Originator License.
Section 1322.21 | Conditions for Issuing Mortgage Loan Originator License; Renewal.
Section 1322.27 | Examination for Mortgage Loan Originator License.
Section 1322.28 | Continuing Education for Mortgage Loan Originator.
Section 1322.29 | Supervision of Mortgage Loan Originator; Transfer of License.
Section 1322.32 | Corporate Surety Bond; Notice of Action or Judgment.
Section 1322.34 | Examination and Maintenance of Records; Reports to Nmls.
Section 1322.40 | Prohibited Acts.
Section 1322.41 | Prohibited Interest in Appraisal Company.
Section 1322.42 | Restrictions Regarding Referrals.
Section 1322.45 | Additional Duties of Registrants and Licensees; Recovery of Damages by Buyer.
Section 1322.46 | Disclosures in Advertising.
Section 1322.50 | Disciplinary Actions.
Section 1322.51 | Effect of Child Support Default on Registration or License.
Section 1322.52 | Buyer Civil Action; State Civil Action; Criminal Prosecution.
Section 1322.55 | Adoption of Rules to Parallel Federal Safe Act.
Section 1322.56 | Adoption of Rules to Comply With Nmls Requirements.