Understanding Irrevocable Trust Loans in California
What Is An Irrevocable Trust Loan? An irrevocable trust loan is a loan where the assets in the irrevocable trust are used as collateral for
What Is An Irrevocable Trust Loan? An irrevocable trust loan is a loan where the assets in the irrevocable trust are used as collateral for
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
Loan Terms: Loan Amount: $700,000 Purchase Amount: $1.1 million Property Type: Warehouse Term: 36 Months Contact Us Call 800-571-0887 or fill out our web form
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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