Video Transcript:
Most people use a trust for passing down their home. But getting a big loan puts your name on public files, removing the privacy you wanted. Lenders worry about trusts. They need to be sure they can get paid. I, David Ghazaryan, build the loan structure so their rules are met easily. The process has two key signatures. You sign the paper that promises you will pay. The trust signs the paper that uses the house as security. Here is the simple key to making this work easily. Your trust must be a "revocable" one, meaning you can still change it when you want. When this is done right, the outcome is powerful privacy. Public records show the trust’s name as the owner, not your name, keeping your information safe. The full legal mechanics are detailed in my article on our website. Find me on social platforms to see more structures. All links are in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/how-to-get-a-jumbo-loan-for-a-trust-in-san-diego
