GroundRules
MVC § 987.655
Where this section sits in the code
- Military and Veterans Code - MVC
- DIVISION 4. VETERANS' AID AND WELFARE [690. - 1008.5.]
- CHAPTER 6. State Benefits for Veterans [980. - 999.80.]
- ARTICLE 3.1. Veterans’ Farm and Home Purchase Act of 1974 [987.50. - 987.93.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON