California Financial Code ARTICLE 6 - Real Estate Loans

• Section 7500.
  (a) Subject to limitations, if any, within this chapter, an association may originate, invest in, sell, purchase, service, participate, or otherwise deal in (including brokerage or...
• Section 7501.
  Each real estate loan shall be evidenced by a note or instrument of obligation for the amount of the loan. The note or instrument shall...
• Section 7502.
  (a) Each real estate loan shall be secured by a deed of trust, mortgage, or other transaction or instrument constituting a lien or claim, or its...
• Section 7503.
  Except as specified by the loan contract or by Section 2954.8 of the Civil Code, an association shall have no obligation to pay interest to...
• Section 7504.
  Notwithstanding any other provision of law, an association may adjust the interest rate, payment, balance, or term-to-maturity on any loan secured by real property as...
• Section 7505.
  (a) Notwithstanding any other provision of law, an association may originate, invest in, sell, purchase, service, participate, or otherwise deal in loans (including construction loans) on...
• Section 7505.5.
  (a) A savings association may make loans the principal purpose of which is to provide financing with respect to what is, or what is to become,...
• Section 7506.
  Notwithstanding any other provision of the law, an association may make a loan secured by an assignment of a loan or loans to the extent...
• Section 7507.
  (a)  An association may make loans or advances of credit, or invest in interests therein, on the security of real property, which loans, advances of...
• Section 7509.
  (a) (1) At the time of origination, a real estate loan may not exceed 100 percent of the market value of security property. An association shall, by...

Last modified: October 22, 2018