- Trust Deed Investing
If you are on this website, you probably realize now just how confusing a deed of trust investing process can actually be. You know now just how important trust deed investing is to use as a financial stepping stone into the next phase of financial security for you and for your family. With that, it is very important to know exactly what you’re getting into with trust deed investing before you actually begin.
Learning About Your Deed of Trust Investing
A first step might be determining whether or not your trust deed investing will be procured by a whole (one lender/note holder) or a fractionalized (more that one lender/note holder) deed of trust is a good start. As you will come to realize, the different lenders have different regulations assigned to each when you go through a mortgage loan broker.
You should know now that fractionalized promissory notes and deeds of trust are subject to regulation by the DRE (Real Estate Law) and the DOC (Securities Law). As you may already be aware, Real Estate Law is also known as the “multi-lender law.” This law enforces restrictions like the mortgage loan broker must service your loan and have a written agreement with you and no more than ten lenders at a time on a single deed of trust investing procedure.
Mortgage loan brokers must also service your loan or you and your mortgage loan broker must find someone who is a properly licensed real estate broker or exempt from licensing by law to service your loan.
If you have a good understanding of your deed of trust investing services, then you will have the smoothest procedure possible, which is good news for you and for your mortgage loan broker. Learning the most you can about your deed of trust investing will help you understand the security and laws put into effect specifically to help you through your investing of trust deeds.
- Big Daddy Dennis Hard Money Lender
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