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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