Cal. Health & Saf. Code § 50086

Current through the 2023 Legislative Session.
Section 50086 - "Mortgage loan" defined

"Mortgage loan" means a loan that is secured by a mortgage and is made for financing, including refinancing of existing mortgage obligations, to create or preserve the long-term affordability of a housing development or a residential structure in the state, or a buy-down mortgage loan secured by a mortgage, of an owner-occupied unit in this state.

Ca. Health and Saf. Code § 50086

Amended by Stats 2008 ch 281 (SB 870),s 1, eff. 9/25/2008.
Amended by Stats 2000 ch 553 (AB 2157), s 3, eff. 1/1/2001.