Legal Question in Real Estate Law in California

california lending laws

Id like to know how much interest a company can charge on a home loan, or second mortgage


Asked on 4/15/04, 5:37 pm

2 Answers from Attorneys
Christopher M. Brainard, Esq. C. M. Brainard & Associates - (310) 266-4115

Re: california lending laws

I think the cap is 6%.

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Answered on 4/15/04, 5:55 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: california lending laws

For most lenders, there is no legal limit. Banks, S&L's and licensed loan brokers are exempt from the usury laws and can charge whatever the market will bear.

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Answered on 4/15/04, 8:03 pm


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