RSA 397-A:16-a Lender's and Borrower's Rights; Second Mortgage Debt.

I. The allowable rate of interest computed on the unpaid balance that any person may directly or indirectly charge, take, or receive for a second mortgage loan secured by property which is occupied in whole or in part at the time said loan is made as a home by any obligor on the mortgage debt or by any person granting or releasing any interest under said mortgage shall be the rate agreed upon in the note between borrower and lender, and following the sixth month of any period in which a loan has been in continuous default, not more than 1 1/2 percent per month on any unpaid balances.
II. Notwithstanding any other provision of this chapter, the charges which may be collected on any second mortgage loan made under this chapter for the period beginning 6 months after the original