New Jersey Administrative Code
Title 3 - BANKING
Chapter 15 - RESIDENTIAL MORTGAGE LENDERS; CORRESPONDENT MORTGAGE LENDERS; MORTGAGE BROKERS; QUALIFIED INDIVIDUAL LICENSEES; MORTGAGE LOAN ORIGINATORS
Subchapter 10 - CHARACTERISTICS OF LOANS
Section 3:15-10.3 - First mortgage loans
Universal Citation: NJ Admin Code 3:15-10.3
Current through Register Vol. 56, No. 18, September 16, 2024
A mortgage lender shall not require or accept from a borrower as collateral or security for a first mortgage loan household or personal goods, such as furniture, electronic equipment, motor vehicles, appliances, and jewelry.
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