KEY ITEMS THAT SECURE THE INVESTMENT

Private mortgage loans are easy to understand and offer the lender a safe, secure and profitable investment. A real estate investor buy a property at a very low price, renovate and then sell or rent the property for profit or positive cashflow. A Private lender will provide the funds to purchase the property and will get 1st position mortgage.

For each investment we do, the private lender receives a Disclosure statement, a Promissory Note, a Mortgage/Trust Deed recorded against the property, a hazard insurance, a title insurance and a copy of the property details and investment analysis. The Private Lender can choose to work with his own Attorneys/Title company or to use the services of our own.

Key documents :

• Promissory Note: Document that is signed by a borrower promising to repay a loan under agreed terms.
• Title Insurance: Insurance to protect a lender against a property ownership dispute.
• Hazard Insurance: Insurance to protect lender against property damage caused by fire,wind,storms or unexpected catastrophe.
• Mortgage / *Trust Deed: Loan to finance the purchase of real estate. A borrower gives a lender a lien on the property as collateral for the loan.

*What is a Deed of Trust?

A deed of trust is the security for the loan. It is the document that is recorded in the public records.

A deed of trust contains three parties:

• The Trustor: the borrower
• The Trustee: the entity that holds "bare or legal" title
• The Beneficiary: the lender

The deed of trust is an instrument that identifies the following:

• Original loan amount 
• Legal description of the property being used as security for the mortgage
• The parties
• Maturity date of the loan
• Provisions of the mortgage and requirements
• Late fees
• Legal procedures
• Others

Florida Landtrust information: http://www.exeter1031.com/florida_land_trust.aspx

Advantages and Benefits of using a Landtrust: http://www.exeter1031.com/benefits_of_a_title_holding_trust.aspx

Contact us if you have any questions or if you would like to have more information about our programs.

BECOME PRIVATE LENDER.com
info@becomeprivatelender.com
1-877-954-2211 #3 (toll Free number)
1-954-957-DEAL (3325) (Floride,USA)

The information provided through this website does not constitute or form part of any offer or invitation to sell or any solicitation of any offer to purchase any securities in the United States or any other jurisdiction. This is not a security and no investment is "Risk Free". (See Disclosure)