R20-4-1809
R20-4-1809. Determining Loan Amounts
Cite as Ariz. Admin. Code § R20-4-1809
The amount of a mortgage banking loan or a mortgage loan under A.R.S. §§ 6-947(E) or 6-947(K), is the principal amount of the loan and does not include any points, interest, finance charges, insurance premiums of any kind, compensation paid to third parties, or compensation retained by a mortgage banker, or its agents.