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HomeHealth and Safety CodeDiv. 31Pt. 3Ch. 10§ 51484 Mortgage Loan Agreements Authority

§ 51484 Mortgage Loan Agreements Authority

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 51484 Mortgage Loan Agreements Authority

Key Takeaways

  • •The agency can make deals with builders, banks, or others to help people get home loans.
  • •They can work with both private companies and government groups.
  • •This rule helps make it easier for people to get mortgages.

Example

You want to buy a house but need a loan.

The agency can team up with your bank or a builder to help you get the loan you need.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 51484 Mortgage Loan Agreements Authority

The agency shall have all powers granted under authority of this part to make commitments and execute agreements with developers, other lenders, and any public or private entity in making mortgage loans authorized by this chapter. (Added by Stats. 1990, Ch. 577, Sec. 1. Effective September 5, 1990.)

Last verified: January 24, 2026

Key Terms

mortgageagreementauthorityeffective september

Related Statutes

  • § 51481 Mortgage Loan Security Requirements
  • § 51476 Multifamily Housing Preservation Program
  • § 51478 Bond Issuance And Loans
  • § 34359 Authority Financial Powers
  • § 38079 Nonprofit Agreement Payment Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 51484.
View Official Source