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Any obligation under seal. A real estate bond is a written obligation, usually issued on security of a mortgage or a trust deed


Violation of any of the terms or conditions of a contract without legal excuse.

BROKER PRICE OPINION (BPO) A real estate broker’s estimate of the price for which property can reasonably be sold. The broker price opinion is often much cheaper than a professional appraisal, but often just as good, or even more useful because it tells the owner at what price the property can successfully be marketed.

An arrangement in which the seller of real estate pays some or all of the buyer’s loan costs, usually measured by increments of 1 percent of the loan called points. The seller pays enough points to the lender to permit it to offer the buyer’s loan at a reduced interest rate, which reduces the monthly payment. The cost to the seller is small, but the reduction in payments to the buyer is often quite substantial.

Buydown arrangements are often structured to focus the entire reduction in interest rate, and therefore monthly payments, in the early years of the loan. In a 3-2-1 buydown, a seller will pay enough points to reduce the buyer’s interest rate by 3 percent, such as from 10 percent to 7 percent, the first year, then by 2 percent the second year and by 1 percent the third year. In the fourth year the loan interest rate and the monthly payments would return to the normal market rate of interest as set when the loan was first obtained.

BALANCE OWED ON THE LOAN The part of the original loan that remains unpaid by the borrower at a given point in time.


A final payment on a note. It is usually substantially larger than any of the preceding installments

BANKRUPTCY An action filed in a federal bankruptcy court that allows a creditor to reorganize or discharge credit obligations due to insolvency. A property owner may restrain foreclosure action by filing bankruptcy.
BEARER Lender in whose hands the promissory note remains until it is paid in full


(1) One entitled to the benefit of a trust:(2) One who receives profit from an estate, the title of which is vested in a trustee:(3) The lender on a security of a note and deed of trust.

(“Benny Statement”)
A written statement of the conditions and remaining balance of a loan secured by a deed of trust.


To leave personal property to another by will. To leave real property by will is to devise.

BILL OF COMPLAINT The initial paperwork filed in many states to begin a foreclosure. It is part of the process of filing a lawsuit.


A written instrument transferring title, right, and interest in personal property to another.


An agreement to cover an earnest money deposit for the purchase of real property as evidence of the purchaser's good faith and intention to complete the transaction.


A single mortgage which covets more than one piece of real estate.


CCFG Investments provides alternative financing solutions for real estate investors, developers, and investment property owners. Our creative and flexible lending programs are the direct result of our involvement in more than 500 million dollars of real estate.

858.456.2423 direct
858.225.3683 fax
2020 Columbia St
San Diego, CA 92101

In today’s environment, professional account management is more crucial than ever. Constant oversight and communication with Borrower and Lender are necessities to maintain the viability of your transactions. We know that your clients are the heart of your business; we also know that bookkeeping and daily customer service can keep you out of your point of sale.
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With investment property loan rates at all time lows, there is not better time than now to refinance an your investment property. There are many benefits associated with investment property refinance. However, as with all financial decisions, you should carefully evaluate your situation before making that choice.
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As a direct lender, CCFG Investments specializes in short-term loans secured by residential and commercial real estate. Our knowledge of the real estate marketplace allows us to fund transactions that often do not meet the strict underwriting criteria of traditional lenders. Understanding that no two transactions are identical
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