Sec. 9. (a) "Home loan" means a loan, other than an open end credit plan, a reverse mortgage transaction, or a loan described in IC 24-9-1-1 , that is secured by a mortgage or deed of trust on real estate in Indiana on which there is located or will be located a structure or structures: (1) designed primarily for occupancy of one (1) to four (4) families; and (2) that is or will be occupied by a borrower as the borrower's principal dwelling. (b) The term does not include a land contract.
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