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Legal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs


One who places himself under a legal obligation to an obligee.


As applied to real estate it is the loss of value due to structural, economic, or social changes becoming outmoded.


A promise by one party to act in a certain manner provided the other party will act in the manner requested. The offeror is the one who makes the offer to the offeree.


A statement by the owner of property or owner of a lien against property, setting forth the present status of liens against said property. OPEN-END MORTGAGE A mortgage containing a clause that permits the mortgagor to borrow money after the loan has been reduced without rewriting the mortgage.

ONE ACTION RULE A rule of law, used heavily in California, that forces a lender to bring only one court action or proceeding against a borrower in a foreclosure. The one action rule makes it difficult for a lender to obtain a deficiency judgment against a borrower
OPEN MORTGAGE A mortgage that has matured or is overdue and, therefore, is “open” to foreclosure at any time


A privilege, acquired for a consideration, of demanding within a specified time the carrying out of a transaction upon stipulated terms. The optionor grants an option to an optionee.


Court order in a condemnation which allows the Government to enter and use lands.

ORIGINATION Creation of a loan


Government term for the interest or right granted to one to use Government real property by a lease, easement, license, or permit.


The leasing of Army-controlled real property which is temporarily not required for mission purposes

OUT-OF-COURT FORECLOSURE See Nonjudicial foreclosure


Encumbrances, obligations, or liens on property. The Government may take such property subject to the outstanding rights or may eliminate them. OVER-IMPROVEMENT An improvement to land that is more extensive or costly than needed. As an example, the erection of a thirty-story office building where fifteen would have been adequate for the present and foreseeable future needs of the business community. The resulting empty space provides no return to the owner. The market value of the property, as well as the surrounding land, is correspondingly lessened. Also called a misplaced improvement.


owner is responsible for repairing or replacing improvements to the property that are damaged (i.e., loss by fire, damages due to flood, etc.).

OWNER-OCCUPIED The borrower who owns the home lives in it


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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