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California Code, Civil Code - CIV § 1917.069

Current as of January 01, 2025 | Updated by Findlaw Staff

The aggregate amount of any fee charged to the borrower for processing an application and preparing any necessary documents in connection with originating a shared appreciation loan shall not exceed the reasonable cost of providing the service.  No prepaid interest shall be charged to the borrower, but nothing in this chapter shall preclude a lender from requiring a fee for providing commitments for shared appreciation loans to builders or others who will not be the ultimate borrower.

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Cite this article: FindLaw.com - California Code, Civil Code - CIV § 1917.069 - last updated January 01, 2025 | https://codes.findlaw.com/ca/civil-code/civ-sect-1917-069/

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