is california a deed of trust or mortgage state
Deed of trust (real estate) Deeds of trust are the most common instrument used in the financing of real estate purchases in Alaska, Arizona, California, Colorado, the District of Columbia, Idaho, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, Oregon, Tennessee, Texas, Utah, Virginia, Washington, and West Virginia, whereas most other states use mortgages. Besides purchases, deeds of trust can also be used for loans made for other kinds of purposes where real estate is merely offered as collateral, and are also used to secure performance of contracts other than loans.
California California (/ˌkælɪˈfɔːrnjə, -niə/ ( listen) KAL-i-FORN-yə, -FOR-nee-ə) is a state in the Pacific Region of the United States. With 39.3 million residents, California is the most populous state in the United States and the third most extensive by area. The state capital is Sacramento. The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and fifth-most populous urban regions, with 18.7 million and 8.8 million residents respectively.[13] Los Angeles is California's most populous city, and the country's second largest after New York City. California also has the nation's most populous county, Los Angeles County; its largest county by area, San Bernardino County; and its fifth most densely populated county, San Francisco.