GroundRules
FIN § 50311
Where this section sits in the code
- Financial Code - FIN
- DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT [50000. - 50706.]
- CHAPTER 5. Administration and Powers of the Commissioner [50301. - 50333.]
Nothing in this law shall preclude a person whose license has been suspended or revoked, summarily or otherwise, from making a residential mortgage loan pursuant to a commitment issued by that person prior to the suspension or revocation. A prospective borrower who received a commitment issued by a person whose license has been suspended or revoked may, prior to the closing of the loan, terminate the commitment and receive a refund of all money paid to that person.
Collected 2026-09-14T05:56:33Z. Source file · JSON