“Mortgage loan” means a long-term loan which is secured by a mortgage and is made for permanent financing, including refinancing of existing mortgage obligations as authorized by a resolution of the authority of a housing project.

(Added by Stats. 1983, Ch. 1309, Sec. 4.)

Terms Used In California Health and Safety Code 34213.6

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