Except as provided in this article, the agency shall not make construction loans or mortgage loans for the purpose of financing owner-occupied residential structures unless such loans are made through a qualified mortgage lender.
Cal. Health & Safety Code § 51175
Lender of Last Resort
Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2013). View current text →
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.