{"data":{"id":"us-ca/hsc-50058.5","jurisdiction":"us-ca","citation":"HSC § 50058.5","heading":"","body":"“Buy-down mortgage plan” is a program by which the effective interest cost to the purchaser of a real property is reduced below market rates through supplemental payments by the agency to a qualified mortgage lender in return for which the agency shall obtain from the purchaser an interest-bearing note secured by a subordinated mortgage on the property which is purchased.","path":["Health and Safety Code - HSC","DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","PART 1. STATE HOUSING POLICY AND GENERAL PROVISIONS [50000. - 50300.]","CHAPTER 2. Definitions [50050. - 50106.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"01ebf87d3eeb8fa6ac9ecd7b86d4f6da1b45ef8d2e0823a0ae2266037d51509e","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-50058","next":"us-ca/hsc-50058.8"},"notice":"GroundRules: Original legal text. Not legal advice."}