we offers dealing in trust deed investment
Trust deed investments are loans secured by real estate, often referred to as mortgages. Trust deed investments include 3 primary components:
Promissory Note: A debt instrument which outlines the terms and conditions of the loan, including the principal amount, interest rate, payment schedule, and term of the loan. In essence, a promissory note outlines the responsibilities and obligations set forth between the lender and the borrower. It is a legally binding contract that is secured by a recorded deed of trust.
Deed of Trust: A collateral instrument whereby legal title in real property is transferred to a third-party trustee, which holds it as security for a loan (promissory note) between a borrower and a lender. Deeds of Trust contains three primary components:
• The trustor or borrower
• The trustee is a third-party entity that holds legal title on behalf of the beneficiary
• The beneficiary is the lender/investor
Title Insurance Policy : A title insurance policy provides legal and financial protection against unknown risks. It also insures a lender’s priority of the lien positions in the chain of title.
trust deed investments Trust deed Investments Compliance & Due Diligence real estate trust deed
Alliance Portfolio adheres to a systematic due diligence process that includes:
• Regulatory Compliance & Disclosures: Alliance Portfolio is a threshold lender and is regulated by the California Department of Real Estate (DRE) California Department of Real Estate (DRE). Each quarter, we are required to submit a Trust Account Inspection for Multi-Lender Transactions by a Certified Public Accountant to the DRE
• Property Appraisal: Alliance Portfolio orders a third-party independent appraiser to inspect and evaluate each property we lend on
• Preliminary Title Search: Verifying property taxes, existing liens, chain of title, easement, restrictions, and borrowers’ vesting
• Borrower Loan Package: With each borrower, we require completed borrower loan application and disclosures, income and asset verification, employment verification, credit report, background checks, use of proceeds, and the exit strategy for payoff
• Fire & Liability Insurance: Alliance Portfolio and successors are named as additional loss payees
• A complete due diligence package is provided with each trust deed investment opportunity
