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