California § 52510 - The agency may contract with qualified mortgage lenders with respect to mortgage
Full text of California Public Contract Code - PCC § 52510 — The agency may contract with qualified mortgage lenders with respect to mortgage, with citation guidance and answers to common questions.
§ 52510. The agency may contract with qualified mortgage lenders with respect to mortgage
The agency may contract with qualified mortgage lenders with respect to mortgage loans qualified under this part to pay to such lenders, subject to the provisions of Section 52513, a sum of money as consideration for a reduction of the effective interest cost to the purchaser of an owner-occupied housing unit below market interest rates. The buy-down mortgage program conducted under this part may be applicable to and include mortgage revenue bond financed programs. With respect to mortgage revenue bond financed programs, âmarket interest rateâ means the effective mortgage interest rate to the borrower without the buy-down authorized by this part.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 52510
What does Public Contract Code - PCC § 52510 cover?
Section 52510 ("The agency may contract with qualified mortgage lenders with respect to mortgage") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 52510?
A common citation format is "Public Contract Code - PCC § 52510" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 52510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.