California Code
CHAPTER 2 - Definitions
Section 50058.5.

50058.5. “Buy-down mortgage plan” is a program by which the effective interest cost to the purchaser of a real property is reduced below market rates through supplemental payments by the agency to a qualified mortgage lender in return for which the agency shall obtain from the purchaser an interest-bearing note secured by a subordinated mortgage on the property which is purchased.

(Added by Stats. 1982, Ch. 320, Sec. 3. Effective June 29, 1982.)

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Structure California Code

California Code

Health and Safety Code - HSC

DIVISION 31 - HOUSING AND HOME FINANCE

PART 1 - STATE HOUSING POLICY AND GENERAL PROVISIONS

CHAPTER 2 - Definitions

Section 50050.

Section 50051.

Section 50052.

Section 50052.5.

Section 50053.

Section 50054.

Section 50055.

Section 50056.

Section 50057.

Section 50058.

Section 50058.5.

Section 50059.

Section 50060.

Section 50061.

Section 50061.5.

Section 50062.

Section 50062.5.

Section 50063.

Section 50063.5.

Section 50064.

Section 50065.

Section 50066.

Section 50067.

Section 50068.

Section 50068.5.

Section 50068.6.

Section 50068.7.

Section 50069.

Section 50070.

Section 50071.

Section 50072.

Section 50073.

Section 50073.5.

Section 50074.

Section 50074.5.

Section 50075.

Section 50076.

Section 50076.5.

Section 50076.6.

Section 50077.

Section 50078.

Section 50079.

Section 50079.5.

Section 50080.

Section 50081.

Section 50082.

Section 50082.7.

Section 50083.

Section 50084.

Section 50085.

Section 50086.

Section 50087.

Section 50089.

Section 50090.

Section 50091.

Section 50092.

Section 50092.1.

Section 50093.

Section 50093.5.

Section 50093.6.

Section 50094.

Section 50095.

Section 50096.

Section 50097.

Section 50098.

Section 50099.

Section 50099.5.

Section 50100.

Section 50101.

Section 50102.

Section 50103.5.

Section 50104.

Section 50104.5.

Section 50104.6.

Section 50104.6.5.

Section 50104.7.

Section 50105.

Section 50106.