Program: The term "Program" refers to any loan made under a University of California Home Loan Program. Purchase Transaction Documents : The aggregate term for independent third party documentation pertaining to the subject property. This includes property appraisal, termite inspection report, preliminary title report, real estate transfer disclosure, roofing, geological, foundation, septic inspections, and overall home inspection.
Quit Claim Deed: A deed relinquishing all, or a portion of, the interest, title, or claim in a property by a grantor. Reconveyance: The transfer of the title of land from one person to the immediate preceding owner. This instrument of transfer is commonly used to transfer the legal title from the trustee to the trustor after a deed of trust has been paid in full.
Refinancing: The process of paying off an existing loan and sarah anderson cash advance usa a new loan. Renovation: The restoration of the primary residence.
For commercial property loans, call me direct at 1-800-644-8829. Teena C.Hawthorne, California. California residential lot and land loans. We provide TWO types of lot land financing in California: Consumer - Bank financing for the purchase of one land lot parcel for construction of a primary or second home; we do not offer land lot refinance loans at this time, nor do we offer cash-out (equity loans) on raw land. We do offer construction financing once the pre-development of the project is underway if you already own a lot land parcel.
Developer - land acquisition development financing for experienced developers and spec home builders commercial development contractors. This sarah anderson cash advance usa private banking private money lending intended to assist residential and commercial developers in establishing land tracts and subdivision maps, followed by construction financing. Consumer - Residential Lot Land PURCHASE Loans Land purchase financing for the purchase of ONE California residential lot land parcel, per applicant, for future construction of an owner-occupied, primary or second home SFR residence.
See our land loan restrictions.
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