# Fla. Stat. § 635.061: 635.061 Premium cost

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.061

## Section

- **Citation:** Fla. Stat. § 635.061
- **Heading:** 635.061 Premium cost
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXVII / Chapter 635 / Section 635.061

## Text

For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.

History: s. 6, ch. 59-182; s. 2, ch. 81-318; ss. 7, 11, 12, ch. 83-281; s. 15, ch. 92-328; s. 5, ch. 93-21.

## Nearby sections

- [Fla. Stat. § 635.011 635.011 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.011.md)
- [Fla. Stat. § 635.021 635.021 Authority to transact mortgage guaranty insurance.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.021.md)
- [Fla. Stat. § 635.031 635.031 Additional limitations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.031.md)
- [Fla. Stat. § 635.041 635.041 Contingency reserve.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.041.md)
- [Fla. Stat. § 635.042 635.042 Minimum surplus requirement.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.042.md)
- [Fla. Stat. § 635.051 635.051 Licensing and appointment of mortgage guaranty insurance agents.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.051.md)
- [Fla. Stat. § 635.061 635.061 Premium cost.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.061.md)
- [Fla. Stat. § 635.071 635.071 Filings, approval of forms; rate filings.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.071.md)
- [Fla. Stat. § 635.075 635.075 Restoration of property.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.075.md)
- [Fla. Stat. § 635.081 635.081 Administration and enforcement.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.081.md)
- [Fla. Stat. § 635.091 635.091 Provisions of Florida Insurance Code applicable to mortgage guaranty insurance.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.091.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C635_S635.061. Check the current official text before relying on it. Not legal advice.