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what is a trust loan

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bthahir Joined: 05 Sep 2007 Posts: 36 13.34 Dollars($)	Posted: Wed May 28, 2008 4:50 pm    Post subject: what is a trust loan Like 0 Dislike 0 ca some one please explain me whats trust loan. I think the borrower creates a trust and owens the property on the trust name and he stays as the primary benefiaciary, correct me if i am wrong.
larry Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)	Posted: Wed May 28, 2008 11:36 pm    Post subject: Like 0 Dislike 0 Hi bthahir, I have not heard any like "trust loan". Although in China there is something like trust loan which provided by the government departments. Hope some lenders can explain this "trust loan" better. Best of luck, Larry

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