Page 28 - ALTA Endorsements Guide
P. 28
ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 6
Variable Rate Mortgage
The ALTA 6 endorsement insures the lender against the invalidity, unenforceability, or loss of priority
of the lien of the insured mortgage as a result of provisions that provide for changes in the rate
of interest pursuant to a formula provided for in the insured mortgage or loan documents. This
endorsement does not increase the face amount of the Policy, and it excludes coverage for loss or
damage based on usury or consumer protection laws. This endorsement is available for loan policies
only.
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