Loans evidenced by signed Promissory Notes, which are secured by deeds of trust, are used in California by those who purchase and refinance real estate.
“Mortgages” are not used in California. However, the term “mortgage” is commonly used here to describe a loan with such note secured by deed of trust.
Contact a direct lender or an experienced mortgage broker for your home loans and financing situations.
This is for information only and is not the providing of legal or tax services. We do not do home lending or mortgage. We recommend you contact an experienced home loan and mortgage broker for your own situation.