Health and Safety Code § 51150

ARTICLE 3. Loans to Qualified Mortgage Lenders

Current as of September 28, 2026Health & Saf. Code, § 51150Official source ↗

Amended by Stats. 1981, Ch. 1031.

The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.