Financial Code section 22317.5

On any loan secured by real property, a licensee may not do either of the following:

(a)

Fail to disburse funds in accordance with a commitment to make a loan that is accepted by the applicant.

(b)

Intentionally delay the closing of a loan for the sole purpose of increasing interest, costs, fees, or charges payable by the borrower.

Source: Section 22317.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=22317.­5.­ (updated Jan. 1, 2005; accessed Jul. 7, 2025).

Green check means up to date. Up to date

Verified:
Jul. 7, 2025

§ 22317.5's source at ca​.gov