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09-17-2020, 07:41 PM #1
- Join Date
- May 2020
- Posts
- 52
Lender For Trust Fund?
I have someone who has a trust fund. He wants to use it as collateral to get a loan so he can invest in real estate. His mid-score is 690. He prefers a 10-year term with a 5-year balloon. However, he will take the best term/rate he can get. Who can help with this?
Last edited by hardrock; 09-17-2020 at 08:21 PM.
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09-18-2020, 02:08 PM #2
- Join Date
- Dec 2015
- Location
- Los Angeles, CA
- Posts
- 121
Tell him not to take a loan to invest, lol. That's why his money's in a trust.
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09-21-2020, 01:47 PM #3
- Join Date
- Apr 2018
- Location
- Aspen, Co
- Posts
- 30
On point
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09-21-2020, 01:48 PM #4
- Join Date
- Apr 2018
- Location
- Aspen, Co
- Posts
- 30
Tell him not to take a loan to invest, lol. That's why his money's in a trust.
ON POINT
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