California § 987.655. 987.655. (Amended by Stats. 2021, Ch. 549, Sec. 13.)

California Statutes

§ 987.655. — 987.655. (Amended by Stats. 2021, Ch. 549, Sec. 13.)

California·Code MVC Military and Veterans Code - MVC·Div. 4. DIVISION 4. VETERANS' AID AND WELFARE·Ch. 6. CHAPTER 6. State Benefits for Veterans·Art. 3.1. ARTICLE 3.1. Veterans’ Farm and Home Purchase Act of 1974

For a mobilehome which is to be sited in a mobilehome park as defined in Section 18214 of the Health and Safety Code, the department shall charge a rate of interest higher than that which is charged to purchasers of conventional housing or of a mobilehome sited on a lot owned by the purchaser. The interest rate shall be set by the department to balance lending risk while maintaining a rate at or below the market rate for a mobilehome in a park.

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For a mobilehome which is to be sited in a mobilehome park as defined in Section 18214 of the Health and Safety Code, the department shall charge a rate of interest higher than that which is charged to purchasers of conventional housing or of a mobilehome sited on a lot owned by the purchaser. The interest rate shall be set by the department to balance lending risk while maintaining a rate at or below the market rate for a mobilehome in a park.

California § 987.655. (987.655. (Amended by Stats. 2021, Ch. 549, Sec. 13.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.