ARTICLE 6. Real Estate Loans [7500. - 7509.]

Article 6 added by Stats. 1983, Ch. 1091, Sec. 2.

§§ 7500–7509 · 10 sections

• § 7500 (a) Subject to limitations, if any, within this chapter, an association may originate, invest in, sell, purchase, service, participate, or otherwise deal in…
• § 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 specify the amount and…
• § 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 equivalent,…
• § 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 the borrower upon…
• § 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…
• § 7505 (a) Notwithstanding any other provision of law, an association may originate, invest in, sell, purchase, service, participate, or otherwise deal in loans…
• § 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, primarily…
• § 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 that it could, under…
• § 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 credit, or…
• § 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 vote of…