Pitfalls of Trust Deed Investing: Loan-To-Own Underwriting (Part 2 of 3)
Trust deed investing is generally considered a safe investment, but there are risks—just as there are for any investment. In this three-part series, we are tackling some of those risks. PITFALL #2 – Loan-to-Own Underwriting In the loan-to-own underwriting scenario, the mortgage broker focuses solely on the loan-to-value of the property. Why would a mortgage [...]