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.
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 Mortgage 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 Mortgage broker must service your Mortgage 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 Mortgage brokers must also service your Mortgage or you and your mortgage Mortgage broker must find someone who is a properly licensed real estate broker or exempt from licensing by law to service your Mortgage.
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 Mortgage 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.
Arizona Hard Money
Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027