Last reviewed 08-20-2026Short-Sale.com Editorialglossary
CARRYBACK LOAN
California Department of Real Estate
Updated 08-20-2026
CARRYBACK LOAN
The extension of credit from the seller to the buyer to finance the purchase of the property, accepting a deed of trust or mortgage instead of cash. Sometimes called a purchase money loan.
California Department of Real Estate Glossary
California Department of Real Estate · p. 6
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