Can a Trustee Borrow Money from a Trust?
A trust is a legal arrangement where a trustee holds assets on behalf of beneficiaries, often managed for their benefit. The trustee, acting as the …
Disclosures: **Per FDIC Regulations Section 6500, Part 226, Subpart C, 226.24. The amount of each payment that will apply over the term of the loan is based on simple annual interest applied to the unpaid balance. Loans range from 1 day to 60 months, are interest only and include a balloon payment due at term. Finance charges apply. Payments do not include amounts for property taxes or insurance premiums. This is not a commitment to lend. Rates and points are subject to change without notice. California Hard Money Direct makes first lien mortgage loans and second lien mortgage loans in California Only.
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