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What exactly are private mortgages and trust deed?

April 26, 2017deed mortgages private Trust

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What exactly are private mortgages and trust deed?

1 Answer

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A private mortgage or trust deed is a secured debt which produces a regular, predictable income stream to the investor with all the security, protections and recourse that a mortgage lien can provide. Rather than going to the bank, a borrower comes to us and we use your money to make the loan secured by substantial equity in real estate.