Construction loans, mortgage loans, and property improvement loans made, purchased, assigned or serving as security for obligations or participations pursuant to this part shall be limited as to charges, interest, maximum loan amount, which shall be consistent with the purposes of this part.

(Amended by Stats. 1979, Ch. 1207.)

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Terms Used In California Health and Safety Code 51056

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
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