what is a trust loan

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Icon Mini Profile bthahir




Joined: 05 Sep 2007

Posts: 36

13.30 Dollars($)
PostPosted: Wed May 28, 2008 4:50 pm    Post subject: what is a trust loan

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.
Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.49 Dollars($)
PostPosted: Wed May 28, 2008 11:36 pm    Post subject:

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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