Section 50086 Of Chapter 2. Definitions From California Health And Safety Code >> Division 31. >> Part 1. >> Chapter 2.

. "Mortgage loan" means a loan that is secured by a mortgage and is made for financing, including refinancing of existing mortgage obligations, to create or preserve the long-term affordability of a housing development or a residential structure in the state, or a buy-down mortgage loan secured by a mortgage, of an owner-occupied unit in this state.