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Iowa Code § 515C.8

Policy forms approved

Iowa · Iowa Code Chapter 515C — Mortgage Guaranty Insurance · Status: effective

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Iowa Code § 515C.8, Policy forms approved, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2264757
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All policy forms and endorsements shall be filed with and be subject to the approval of the commissioner of insurance. With respect to owner-occupied single family dwellings and owner-occupied mobile homes, the mortgage insurance policy shall provide that the borrower shall not be liable to the insurance company for any deficiency arising from a foreclosure sale.